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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!👇️
📌 Bitcoin (BTC) Market Analysis – May 31, 2025
🚀 BTC is currently trading between $67,500 – $68,200!
The market is moving sideways in the short term, but the long-term trend remains bullish.
🔍 Key Technical Highlights:
✅ Support Levels: $65,000 and $62,500
🚫 Resistance Levels: $69,000 and $72,000
📊 RSI is in the neutral zone (55–60)
💡 MACD shows a bullish crossover indicating upward momentum
🌍 Market Sentiment:
🧠 Crypto Fear & Greed Index = 72 (Greed)
📈 Institutional interest rising (ETFs, MicroStrategy, BlackRock)
📌 Strategy Suggestions:
📉 Consider long-term accumulation on dips
🎯 Risk management is crucial below $65k
📊 Sideways range offers scalping opportunities
⏳ Reminder: In the crypto world, patience and knowledge are your strongest tools.
📢 Follow for more updates and live analysis.
#Bitcoin # BTCAnalysis #CryptoUpdate # CryptoNews #BTCMarket # CryptoTrading