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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!👇️
BTC began to consolidate at a high level after today's white market broke through the 6.4w position.long times in the evening to test the 6.5w mark were suppressed and fell.It can be seen that the suppression of this position is strong, if the trend at night can not stand firm at 6.5w, the probability of night will go a wave of one-hour painting door market.Four-hour VOL indicator to see that the long head volume can continue to shrink.For night operation, it is recommended not to chase the long, and the operation can be kept resistance level shorting.
Point reference: BTC64920 short.Target 62920.Stop bamboo shoots 700 US dollars BTC After today's white market broke through the 6.4w position, it began to consolidate at a high level.long times in the evening to test the 6.5w mark were suppressed and fell.It can be seen that the suppression of this position is strong, if the trend at night can not stand firm at 6.5w, the probability at night will go a wave of one-hour painting door market.Four-hour VOL indicator to see that the long head volume can continue to shrink.For night operation, it is recommended not to chase the long, and the operation can be kept resistance level shorting.
Point reference: BTC64920 shorts, target 62920, stop shoot 700 USD