- 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!👇️
Rekt Capital: There is similarity between 2016 and 2024.
Rekt Capital, a well-known crypto trader, highlights striking similarities between the current cycle and the one following the 2016 halving. In a recent post, Rekt emphasized the "reaccumulation range" below the current price of $61,081 that Bitcoin is trading at. According to Rekt, this aligns with the observed pattern in 2016. Rekt also emphasizes the current position of Bitcoin in the "pre-halving last pullback" stage. Following this stage in 2016, Bitcoin witnessed a significant increase of 48% in just six months. This historical example boosts optimism for a possible price increase in the near future.
However, Cane Island Alternative Advisors' founder and investment manager Timothy Peterson takes a more ambitious approach. Peterson, by analyzing the price decline chart, predicts a potential six-fold price increase for Bitcoin in early 2025. Referring to past adoption trends and previous declines, he astonishingly pegs the peak of this cycle between $175,000 and $350,000.
#Which trending Al tokens are on your watchlist?#
#Which memecoin has great potential?#
#Buy the dip or wait? What's your ideas?#