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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!👇️
The mysterious Whale is currently making a profit of over 6 million dollars after going long Bitcoin with 20x.
Bitcoin is currently confidently above $110,000, right at the moment when a mysterious cryptocurrency wallet executes one of the boldest leveraged trades of the year: a long position worth $54.5 million on BTC with leverage of up to 20x.
This wallet is known by the code "0x1f25," newly created and immediately funded with 10 million dollars in stablecoin USDC. This mysterious whale then opened a long position of 511.5 BTC on the decentralized exchange Hyperliquid, using full leverage. With an entry price of $107,712 and a liquidation level of $104,310, the trader is currently showing a paper profit of over 6 million dollars, a significant gain.
Many traders believe that the whale behind the wallet "0x1f25" could be James Wynn, a prominent trader on Hyperliquid, who has recently faced large liquidations.