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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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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# . 💸🪙📊🚨🔮💰🌐🌐🚀🎯
📈 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.