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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!👇️
Shiba Inu 503% Moonshot: Massive Inverse Head & Shoulders Pattern Could Send SHIB to $0.000081
Shiba Inu (SHIB) could be on the verge of a seismic rally, according to a new analysis from popular crypto analyst Javon Marks
In a Tuesday post on X (formerly Twitter), Marks highlighted a massive Inverse head-and-shoulders pattern that has been forming on SHIB’s chart since 2022. This bullish formation could catapult the token by over 503% to a target price of $0.000081 if confirmed.
“As $SHIB continues to hold in a huge Inverse Head & Shoulders Pattern and in the last phases of it, these prices can be GETTING READY TO RUN,” Marks stated “It could consist of an over 503% upside to our first target at $0.000081”.
This isn’t the first time Marks has referenced this level. Since February 2025, he has consistently pointed to $0.000081 as a key resistance level. However, SHIB’s road to that level has been anything but smooth. The token has seen a 50.93% decline year-to-date despite broader optimism in the crypto space, as per CoinMarketCap data.
Meanwhile, the identified Inverse Head and Shoulders pattern marks span from mid-2022 to 2025. The left shoulder formed after a steep drop in 2022, the “head” appeared with a new low around mid-2023, and the right shoulder recently took shape in early 2025. According to the pundit, a decisive breakout above the neckline would complete the pattern and potentially trigger a parabolic rally.
A surge in on-chain activity adds weight to this bullish thesis. According to data from IntoTheBlock, SHIB has seen a 9.75% rise in active addresses, a 9.41% increase in new addresses, and a 15.37% uptick in zero-balance addresses. These indicators suggest growing engagement with the Shiba Inu network, often a precursor to strong price movements.
Meanwhile, whales are also making noise. On June 3 alone, 1.07 trillion SHIB was moved out of large wallets, a 995% increase in outflows, raising questions about whether big players are accumulating or preparing to sell. Interestingly, inflows to whale wallets also jumped by over 200%, indicating possible strategic repositioning ahead of a major price move.
Developer Shytoshi Kusama’s recent teaser about integrating AI technology into the Shiba ecosystem adds to the momentum. The cryptic post hinted at a future where SHIB merges decentralized infrastructure with artificial intelligence, sparking renewed interest across social platforms and pushing SHIB’s price up roughly 8% in a matter of hours.
Meanwhile, despite this buzz, SHIB still struggles to break the key resistance level at $0.00001720. The token was trading at $0.00001208 at press time, reflecting a 5.39% drop in the past 24 hours.