#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
#GT# #BTC# #XRP# #ETH# #DOGE# . 💸🪙📊🚨🔮💰🌐🌐🚀🎯
📈 General Analysis:
1. Bitcoin (BTC)
The current price is about $105,692, relatively high after recently surpassing the $100,000 mark.
The technical indicator confirms the resistance level at $108,000 as a key for the bullish trend—if tested and successfully surpassed, gains could extend to $113,000–$120,000, according to CCN estimates.
The continuous withdrawal volume from centralized trading platforms results in downward supply pressure and support for institutional trading.
2. Ethereum (ETH)
It is currently trading at $2,517.89, with a daily range between $2,471 and $2,540.
It recorded strong monthly gains above 30%, with a developmental triangle pattern indicating the possibility of breaking through resistance at $2,670-$2,700 and then targeting $3,000-$3,300.
The trading of ETH/BTC is still on the rise, which may establish momentum that surpasses Bitcoin's dominance and increases market appetite for altcoins.