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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!👇️
Trader Eugene: The standards for quality projects in alts are gradually becoming clear, with HYPE as a prominent example.
BlockBeats News, on June 9, top trader Eugene Ng Ah Sio posted on his personal channel that looking back on the development of altcoins in the market in the past, especially after the success of the Meme coin frenzy and HYPE, the market rules have been clearly visible. Projects with the following three characteristics will receive a market premium: · A business model for sustainable growth (preferably independent of the bull-bear cycle of the crypto market) · Achieve extremely low token inflation through the unlocking mechanism (investor or team selling) · Teams that value the interests of token holders, often in the form of using a portion of their revenue for open market token buybacks (note: this is fundamentally different from token burns with no real value) Eugene said that there are very few project tokens that meet all three criteria at the moment, and HYPE is the most prominent example of this. But predictably, the next batch of market winners is in the pipeline.