#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
①: The immortal points the way, buy boldly. This behavior indicates that the current market has strong long positions, making it very suitable for building positions.
②: High position hanging line, be careful of eating noodles, this type of pattern indicates that the current rise is weak, and there will definitely be a pullback in a short period of time.
③: Double hammer piling, preparing to rise. The appearance of a similar pattern indicates strong long positions. The short-term decline quickly returns to the opening price, making it suitable for building positions.
④: Shooting star, danger is coming, this or a similar formation indicates that there will definitely be a decline in a short period of time, long positions are at their peak, unable to break through the previous new high.
⑤: A bearish engulfing pattern at the top signals a quick escape; this type of formation has a 90% chance of leading to a downward trend. The trend has been consistently rising, but there is no strength at the peak, resulting in a large bearish candlestick.
⑥: End of the uptrend line, clear positions to avoid risks. When this type of situation occurs, it is recommended that conservative players clear positions or significantly reduce their holdings, as it is very easy to experience large fluctuations in the market at this time. Aggressive players can continue to hold their positions, after all, high risk equals high reward.
⑦: Bullish gap up, with hopes for an increase. The appearance of this behavior clearly expresses the current market's strong long positions momentum, making it suitable for opening a position.
The above 7 patterns are summarized from the comprehensive data of the six-month BTC and ETH perpetual contract trend patterns, provided for the reference of all coin friends, applicable for both contracts and spot trading.