#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# 💸🪙📊🚨🔮💰🌐🚀
🚨 Risks and Warnings:
High Volatility: A potential correction to levels of $70,000‑100,000 for Bitcoin in the event of a break below the support of $108,000, and the cancellation of ETH's resistance could lead to a decline towards **$2,200‑2,300**.
Reliance on regulatory liquidity: Adopting frameworks like government digital reserves may drive the market up, but any rapid legislative change could cause temporary panic.
Bitcoin is holding above $105,000 and breaking through resistance levels, paving the way for a rise that could touch $120,000, provided support continues.
Ethereum is preparing to break through strong resistance, with a positive technical setup, and it could achieve strong gains if institutional flow continues.
The adoption of digital currencies by institutions and governments strengthens the foundational pillars, while the market remains sensitive to fluctuations.