- Pin
- 🎁 12th Anniversary Celebration – Reward Distribution Notification
🎊 Congratulations to all winners! Rewards have been sent to your Gate accounts. Please check your balances
Note:
- In regions where shipping isn’t available, physical merch will be converted to equivalent vouchers — please be patient;
- If an item is out of stock, it will be substituted with merch of equal value.
🚀 Thank you for your support! Stay tuned for more exciting events
- 【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!👇️
BRETT Bleeds Out 11%: Time to Panic or Buy the Dip?
The 2.80% drop brings in market-wide bearish pressure. This has triggered losses across crypto assets. Notably, the meme coin market cap has plunged by over 8.5%, reaching $74.8 billion. Among the meme coins, BRETT has taken a hit, slipping by a solid 11.17%.
The meme coin kickstarted the day, trading at a peak level of $0.08052. With the potent bears taking the charge, BRETT has tumbled to a low of $0.06848. A bullish shift is crucial for the asset’s recovery.
At the time of writing, BRETT traded at around $0.06981, with a market cap of $691 million. The daily trading volume of the meme coin has dropped by 32.37%, reaching $38.54 million
The meme coin has recorded a gain of over 92.59% in the last thirty days. BRETT began trading the month at its low, and eventually climbed to the monthly high at $0.090 range
Can BRETT Bounce Back or Is More Downside Ahead?
BRETT’s bearish momentum is reported by the technical indicators. The Moving Average Convergence Divergence line is below the zero line, but the signal line is above the MACD, indicating bearish conditions in the broader market. However, the signal line shows that momentum may be shifting to a weak or short-lived bullish correction
If BRETT fails to hold above the $0.07052 mark, the price might retrace toward its former lows and trigger the death cross to take charge. It could send the price to the low range of $0.06902. Losing this crucial support range may drive the asset’s price into deeper correction territory.
Assuming the recovery of the meme coin, it could likely take effort to reclaim the $0.071 range. On the upside, the emergence of a golden cross might take BRETT to a retest at the resistance zone of around $0.07270. Further upward correction can trigger the price to eye new highs
Highlighted Crypto News
Is $0.020 Still on the Radar for Pudgy Penguins (PENGU) Despite Sluggish Movement?