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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
#GT# #BTC# #XRP# #ETH# #DOGE# 🚨🌐🔮🪙💰💯📊✅🧠🎯
Bitcoin is loading... 📈
The total market capitalization of cryptocurrencies shows a classic bullish reversal signal!
🟥 "We are here" represents the transition from disbelief to hope, just like the past cycles.
🔹 Double top formations ( on June 2 and June 7 ) are now transitioning to a lower high.
🔹 Decrease in trading volume 📉 → Potential for an explosive move once the breakout is confirmed
🔹 Market sentiment aligns with the early hope phase in market cycle psychology.
📈 The trend is moving upwards, but most people are still skeptical. This is where the real profits are made.
⚠ Do not fade this structure - it is a written setup before a major bullish wave.