🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Saturday, May 31, 2025—Dragon Boat Festival. I am Wang Yibo! Good evening, fellow coin friends ☀ hardcore fan daily attendance 👍 Like and make a fortune 🍗🍗🌹🌹
==================================
💎
💎
==================================
The market continues to experience a sharp decline today, with complex underlying reasons. Notably, this is in anticipation of the $5 billion payout for the explosive head incident, which acts like a bombshell, leading to the ruthless harvesting of longs by Wall Street, leaving many investors with significant losses. Meanwhile, the altcoin market has also not been spared, as the farmers swing their sickles indiscriminately, causing massive wealth to evaporate in an instant. From a technical analysis perspective, Bitcoin's 4-hour chart and Ethereum's daily chart show a clear downtrend. The previously established uptrend line has been effectively broken, and the loss of this key support level often signals a major shift in market trends. Coupled with the phenomenon of a top divergence and changes in the MACD indicator, market sentiment is gradually turning pessimistic. The top divergence indicates a gradual depletion of price upward momentum, while in the MACD indicator, the crossover of the fast and slow lines and changes in the histogram all suggest that bearish forces are continuously strengthening. This series of signals collectively indicates that the cryptocurrency market is likely to face further downward trends in the near future.
==================================
💎
💎
==================================
In the short term, the downward pressure on the market is enormous. The appearance of the MACD divergence signal is a strong warning that the market trend may reverse. When prices reach new highs, but the MACD indicator fails to reach new highs simultaneously, it indicates that the market's upward momentum is insufficient, and the likelihood of a price correction significantly increases. At the same time, the continuous strengthening of bearish momentum is further pushing prices down. The selling power in the market is gradually gaining the upper hand, and investors' panic emotions are spreading, leading them to sell their crypto assets, thereby exacerbating the speed of the market decline.
==================================
💎
💎
==================================
At the macroeconomic level, Trump's tariff policy is like a sword of Damocles hanging high, which could trigger violent turmoil in global stock markets at any time. Looking back at the April 7 crash, it was the announcement of Trump's tariffs that triggered a ripple effect in global financial markets. In addition, the Federal Reserve's monetary policy also has a profound impact on the cryptocurrency market. The capriciousness of Fed rate cut expectations has plunged the cryptocurrency market into wild volatility. Rising expectations of interest rate cuts tend to drive up crypto prices, as investors move money from traditional financial markets to the crypto market in pursuit of higher yields in a low-interest rate environment. However, when rate cut expectations change, market sentiment can fluctuate with them.
==================================
💎
💎
==================================
It is worth noting that the Fed's dot plot on June 19, which hints at the path of interest rate cuts, will also become an important factor influencing the future trend of the crypto market. The dot plot reflects the expectations of Fed officials regarding future interest rate levels, and its outcome will directly affect the market's judgment on the Fed's monetary policy. If the dot plot shows a more hawkish stance, that is, a slowdown or pause in the pace of interest rate cuts, then the crypto market may face greater downside pressure. Conversely, if the dot plot is more dovish, suggesting further room for rate cuts, then the crypto market may welcome some rebound opportunities. #成长值抽奖,赢 iPhone 16 和精美周边#