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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!👇️
- What are the Gate Post Community Growth Points? Learn how it works and what rewards you can get! 👇
Dogecoin Founder Breaks Silence on Market Crash With Intriguing Post
As the crypto market faces significant selling pressure in the early Monday session, Dogecoin cofounder Billy Markus — better known by his X (formerly Twitter) handle, Shibetoshi Nakamoto — has broken his silence with a characteristically witty yet thought-provoking post.
In a tweet that caught the attention of the Dogecoin community and beyond, Markus shared an image, offering a humorous yet pointed take on the cyclical nature of the market.
The image bore four captions: "Bear markets create strong memes," "Strong memes create bull markets," "Bull markets create bad memes" and "Bad memes create bear markets."
Markus's post comes at a time when sentiment is near a low across the market, with most cryptocurrencies reeling from a wave of volatility. Rather than directly commenting on the crash, his meme-driven insight subtly hints at the self-reinforcing emotional loop that often defines bull and bear cycles in crypto.
Crypto market faces brutal sell-off
A crypto market sell-off turned severe in the European morning hours Monday, as Bitcoin penetrated the $75,000 threshold, increasing losses on major tokens by nearly 20%.
XRP and SOL led the collapse, each down more than 17% in the last 24 hours and breaching key support levels. Dogecoin was not spared, dropping 16% to $0.138.
Tens of billions of dollars in market value were erased as the majority of cryptocurrencies fell in the hours leading up to the European Open, fueled by a wave of macroeconomic concerns and aggressive liquidations reaching $1.4 billion.
According to CoinGlass data, cryptocurrency derivatives traders suffered $1.4 billion in total liquidations. Long liquidations in cryptocurrency futures totaled more than $1.22 billion, as bullish traders faced significant losses. Short liquidations, on the other hand, saw $186 million.
Large-scale liquidations may imply market extremes, such as panic-selling or purchasing. A cascade of liquidations may foreshadow a price reversal on the horizon due to an overreaction of market sentiment.