#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
Solana Shows Signs of Recovery as Buy Signals Appear on the 12-Hour Chart
According to market analyst Ali Martinez, the TD Sequential indicator on the 12-hour chart has triggered a buy signal, indicating a possible trend reversal after the recent downtrend. The sequential TD buy signal activates hope The TD Sequential indicator, known for its ability to detect trend exhaustion, has produced a green candle "1" after a setup of nine counts—often a signal indicating that selling pressure may be weakening. Traditionally, this setup is used by traders to identify the early stages of a price recovery. The signal appears after a series of falling candles, with SOL reaching a low of 150 dollars before showing initial signs of stabilization. If the TD pattern occurs, Solana may witness a short-term price increase in the upcoming sessions.
Current Price and Market Overview As of June 2, 2025, Solana is trading at $157, falling approximately 5.3% over the past year. This token has a market capitalization of $82.31 billion, ranking as the sixth largest cryptocurrency by market value. Despite recent volatility, SOL has seen a slight increase of 0.93% in the past 24 hours. The 24-hour trading volume stands at $2.56 billion, with a volume-to-market-cap ratio of 3.11%, reflecting healthy liquidity. Price action and outlook In the past 12 months, SOL has experienced significant price volatility, with a peak above 250 dollars and a low near 100 dollars. The current price is below the annual average, indicating potential for a price increase if sentiment improves. If the TD Sequential signal remains intact, traders may see the SOL resistance zone retesting around the $165 level and possibly higher. However, further confirmation and broader market support will be key to sustainable momentum. Conclusion The technical setup of Solana shows that a recovery may be underway. With the TD Sequential indicator flashing buy signals and short-term sentiment changing, traders and investors are closely watching to see if SOL can escape the recent downturn.