- 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!👇️
The cryptocurrency market is showing a volatile upward trend today, with BTC reaching a high of $97,500, continuing the recent bullish pattern. The 4-hour candlestick chart shows that the highs and lows are gradually rising, and the MACD remains in an upward momentum. The short-term support level is around $96,000; if it does not break during a pullback, it can still be bullish towards $98,000. ETH, on the other hand, is affected by the Asia-Pacific market, with technical indicators showing a short-term adjustment. However, if it holds the $1,800 support, it still has the potential to rebound to $1,900.
Market influencing factors include:
1. Macroeconomic Pressure: The escalation of trade friction between China and the United States, along with the tariffs imposed by the Trump administration, has led to turmoil in global markets, a sharp decline in Asia-Pacific stock markets, and consequently put pressure on the cryptocurrency market.
2. Institutional inflow: Bitcoin spot ETF had a net inflow of $675 million yesterday, while Ethereum spot ETF had a net inflow of $20.1 million, indicating the willingness of institutions to buy the dip.
3. Leverage risk exposure: Recent high-leverage trading in the market has led to 280,000 people being liquidated, with $882 million cleared, and short-term volatility may intensify.
Market Outlook:
Take advantage of pullbacks to go long, but strict stop-loss measures are necessary to avoid high leverage operations. The market is still in a sensitive period, and investors should closely follow macroeconomic trends and on-chain data changes
- Short-term: If BTC breaks through the resistance at $96,000, it may challenge the psychological level of $100,000; ETH needs to observe the key support at $1,500.
- Mid to long term: If expectations for the Federal Reserve to cut interest rates rise, liquidity easing may help boost a rebound in crypto assets, but caution is needed regarding policy and geopolitical risks.
.