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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!👇️
Data: The encryption market and the zone are generally up, with PayFi zone leading the way with a 22.26% increase, while AI zone has only experienced a 1.82% pullback.
According to the SoSoValue data, the encryption market zone is generally pumping. PayFi zone is leading with a 24h increase of 22.26%. Worth following is that within the zone, Dash (DASH) has increased by 37.94%, XRP (XRP) has increased by 26.64%, and Litecoin (LTC) has increased by 22.74%. Other bright spots in the zone include: Meme zone pump 6.56%, the top 3 Tokens in Market Cap in the zone, Dogecoin (DOGE), Shiba Inu (SHIBA), Pepe (PEPE) rose by 7.02%, 9.09%, and 7.4% respectively; Non-fungible Token zone pump 5.87%, among which Blur (BLUR) pumped 12.85%. DePIN zone pump 5.42%, among which IOTA (IOTA) pumped 35%, Helium (HNT) pumped 12%, FIL (FIL) pumped 8.22%. Meanwhile, last week the AI zone, which had a strong pump, experienced a pullback, with a 24-hour decline of -1.82%. Within the zone, Virtuals Protocol (VIRTUAL) fell by 18.11%.