PeakCapital

Tennessee Governor signs HB 2505, completely banning the operation of cryptocurrency ATMs within the state, effective July 1. Installing or operating Bitcoin self-service kiosks will be considered a Class A misdemeanor, punishable by up to 1 year in prison and a $2,500 fine, and merchants will also bear legal liability. Currently, many U.S. states regulate through licensing and caps; since 2026, 30 states have proposed relevant legislation, 20 have passed it, and regulation is tightening.

Some friends asked me, what are the basics for getting started in crypto?
Combined with years of spot trading experience, I’ll break down the must-master fundamentals for newcomers into 5 major sections to help you avoid the pitfalls that 90% of beginners fall into.
1. Foundational Mindset: First recognize the risks, then talk about profits
1. Understand asset nature: Cryptocurrencies are extremely volatile and are not principal-guaranteed investments. Only use spare money you can afford to lose—never touch living expenses, borrowed funds, or working capital. Avoid borrowing money to trade crypto or going all-in with heavy positions.
2. Abandon the get-rich-quick fantasy: There is no shortcut to guaranteed 100x returns or mindless copy trading. Short-term surging small-cap new coins and meme coins are mostly tools for hot money to harvest retail investors. Chasing pumps will likely lead to deep losses.
3. Distinguish赛道本质: BTC and ETH are the core blue chips of the market; DeFi, RWA, and public chains belong to thematic sectors; newly issued small-cap coins have strong narrative-driven speculation but weak fundamental support.
2. Trading Tool Basics: Distinguish between spot and futures, and maintain safety boundaries
1. Prioritize spot trading only: Futures come with leverage—while they may seem to amplify gains in the short term, they actually amplify losses. Beginners are very prone to liquidation. Stay away from all leveraged products at the entry stage.
2. Understand basic trading terminology:
- Buy the dip: Accumulate in batches within the support zone, don’t chase rallies;
- Take profit: Sell in batches when the preset profit target is reached, don’t get greedy;
- Stop loss: Decisively reduce or close positions when a key support level is broken, capping losses;
- Position management: No single coin position exceeds 15% of total account funds; diversify holdings to hedge risk.
3. Wallet and asset security: Keep your private keys and seed phrases safe; never disclose them to anyone. Avoid unknown small exchanges and shady meme coin projects to reduce risks of exit scams and theft.
3. Fundamental Analysis Basics (Key to Holding Your Coins)
Many people lose money because they don’t understand the coin’s fundamentals—they panic sell on every dip. Only by understanding these four core dimensions can you hold long-term:
1. Cash flow: Does the project have stable fee income or real business revenue? Can it achieve self-sustaining cash flow?
2. Tokenomics: Is the total supply fixed? What is the unlock schedule? Is there a buyback and burn mechanism? Does the token distribute dividends or capture value?
3. Sector moat: Is it the leader in its sector? Does it have regulatory compliance, institutional partnerships, and long-term real-world use cases?
4. Valuation: Use PS (price-to-sales) valuation to determine whether the current price is a low-value area or a high bubble. Never chase hot sectors at high valuations.
4. Technical Analysis Basics (Simple enough, no need for complex indicators)
Beginners don’t need to study dozens of indicators. Mastering the basics is enough:
1. Bollinger Bands: Identify support and resistance—the upper band is a short-term selling pressure zone, the lower band is a short-term accumulation zone;
2. MACD: Distinguish bullish and bearish momentum—red bars indicate strengthening bulls, green bars indicate bearish pressure;
3. Key highs and lows: Previous highs are resistance; previous launch lows are lifelines—if broken, the trend weakens.
Core logic: Technical analysis is only used to find entry/exit points; never make decisions without considering fundamentals.
5. Trading Mindset Basics: Most losses come from losing emotional control
1. Don’t chase news: Good news often coincides with distribution by smart money. For example, small-cap meme coins that surge on hype often quickly reverse after the news breaks;
2. Don’t overtrade: Frequent short-term trading erodes profits through fees. Beginners should focus on long-term low-position accumulation to reduce trading frequency;
3. Don’t hold losing positions blindly: Don’t average down by adding to losing positions without reason. For coins without fundamental support, the downside is unlimited;
4. Think independently: Don’t blindly follow influencers or copy trades. Only by understanding the logic behind a coin can you withstand volatility and fully capture the trend.
Summary
The core sequence for getting started in crypto is: first build risk awareness and manage capital and positions → then learn basic trading rules → thoroughly understand coin fundamentals → simply read chart levels → and finally cultivate trading discipline.
The sequence must not be reversed. Jumping straight into price movements and chasing pumps is the root cause of losses for newcomers. Sticking to spot accumulation at low levels, strictly controlling positions, and staying away from leverage is the fundamental logic for ordinary people to survive long-term and steadily profit.

💰 Gate Square Content Mining rewards for this week have been distributed!
A total of 663 creators received 703.7 USDT in rewards this week — credited to your accounts.
🏆 Top 5 creators this round:
No. 1: JS Big Shark
No. 2: Bykaranteli
No. 3: Whale Shark King
No. 4: The strongest king 555
No. 5: Recoup investment soon
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WLD has suffered eight consecutive days of declines; the last time was at the end of July 2024. It really is performing terribly—0.6 didn’t even resist before it fell to 0.4. Still, I believe the future is bright… If it can drop to 0.1, I’ll sell both my ETH and DOGE and go all in 😅😅
Everyone, please diversify your positions. I can’t even figure out what the reason for an eight-day consecutive drop is… But once you choose it, you’ll keep buying.

Song Xiqing: The big non-farm payrolls are coming. Tonight is bound to be a critical point.
In the current market, sensitivity to bearish data is far higher than excitement for bullish data. This indicates one thing: market sentiment remains fragile, and bullish confidence is insufficient. A true bottom often occurs when bad news keeps coming but prices no longer fall—not like now, where everyone is already hedging before the bad news even arrives. So I believe we are far from the real bottom.
In the previous round, I suggested a long position around 58k. It has already seen a move of over 2,000 points. I am still holding my long position, targeting around 62k. At that point, I will take profit and close, then reverse to short.
The reason is simple: This wave is just a rebound, not a reversal. 62k is a resistance level that can be seen in the short term. Reaching there will be a worthwhile entry point for a short position. If tonight's data is bearish, the market might move directly downward; if bullish, the rebound will give me an even better position to go short. I will update in real time and keep watching.
$BTC $ETH $GT

ME News reported on April 24 that, according to Defi Oasis data, Spark's net deposits have reached $2.4 billion since April 18, accounting for approximately 15–20% of Aave's net redemptions. Multiple addresses have net deposits of over $20 million to Spark, with Spark PSM being the largest net deposit address. Mellow Finance and Instadapp have injected over $180 million and $88 million net into Spark, respectively, and some whales redeeming from Aave have also moved to Spark.

Learning trading takes 6 months to 1 year. But with Gate.io Copy Trading, you can profit alongside Pro Traders from today itself.🔥🔥
Copy Trading means automatically copying the trades of Gate.io's Top Traders. First, go to the Copy Trading section. Then, select traders based on their 7-Day, 30-Day ROI, Max Drawdown, and Risk Score.
You can start with as little as $10. When the trader buys BTC, it will also auto-buy from your account. When they sell, your account will sell as well.
To reduce risk, don't put all your money behind one trader; instead, follow 3-4 low-risk traders. Remember, invest based on past ROI, but there is no guarantee.
#CopyTrading #PassiveIncome #AutoTrade #BeginnerTrader

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‍#BTC #ETH #SPCX

🚨 Community Buzz Today: $DATA surges over 30,000% — can a rebrand really drive a rally like this?
📈 $DATA surged over 30,000% at its peak in the past 24 hours
📈 Successfully completed its 1:1 token migration following the rebrand
📈 Ecosystem expansion continues to fuel market interest
Everyone’s discussing:
🔥 Is this a true revaluation or just market hype?
🔥 Can the rebranding support further upside?
🔥 Chase now or wait for a pullback?
🔥 Would you trade a token that's already up this much?
🎁 Join the discussion
Join daily discussions for a chance to win 250U Futures Position Vouchers!
👉 Join Gate Hot Chat👇
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This time, DYDX went from a bottom position at 0.09 to doubling, which is a standard implementation case of my consistently adhered low-level spot positioning system.
The account only does spot trading throughout, rejecting high leverage and chasing pumps at high prices. Long-term spot investors can lock in the account, and by subscribing, you can get precise positioning ranges for the next batch of potential targets, complete position-building, and take-profit/stop-loss risk management plans.

Past spot positioning track records are verifiable: DEXE entered at a bottom of $2 and yielded up to 9x returns; WLD surged over 218%; NEAR gained 173%; HYPE successfully doubled; DYDX entered at 0.09 delivered nearly 170% returns; FET and ONDO nearly doubled; from a $7,000 principal, a live account reached a peak of $600k and was fully withdrawn; early subscribers have achieved cumulative long-term returns of 20-30x. I am accustomed to viewing the market with a doctor's diagnostic approach, first examining valuation, unlocks, cash flow, and other risk factors. I only do spot positioning at low levels, firmly reject chasing highs and high leverage, and continuously uncover potential coins with 3-10x upside from the bottom. Long-term spot investors can lock in the account, and by subscribing, you can get precise accumulation ranges and complete risk control strategies.

Many beginners get scared seeing ETH5L and BTC3L on Gate.io. These are called Leveraged Tokens or ETF Tokens.
What's the difference from Futures? In Futures, you select 125x Leverage yourself. If the price moves 1% against you, you get Liquidated and lose all your money.
But ETH5L is a 5x Long Token. Here, the Exchange manages the Leverage itself. So you won't get Liquidated. Just Buy/Sell. No Funding Fee, No Margin Call.
However, there is a big risk. It's called Volatility Decay. If the Market is Sideways, the price decreases little by little every day. So ETH5L is only perfect for 1-3 day Short-term Swing Trade. Don't hold Long-term.
#Gateio #ETH5L #LeveragedToken #FuturesTrading #CryptoEducation

📢 New Token Rewards Added! Only 3️⃣ Days Left for the Gate Square Red Packet Rain!
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‍#BTC #ETH #GT

🚨 Community Buzz Today: $ACT surges over 60% — is the AI Meme narrative back?
📈 $ACT up over 60% in 24h
📈 Trading volume surpasses $190M
📈 AI Meme narrative is gaining momentum again
Everyone’s discussing:
🔥 Is ACT leading a new AI rally or just a short-term pump?
🔥 Chase now or wait for a pullback?
🔥 Besides ACT, which AI tokens are you bullish on?
🎁 Join the discussion
Join daily discussions for a chance to win 250U Futures Position Vouchers!
👉 Join Gate Hot Chat👇
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🏆 Gate World Cup Chat Challenge
⚽ Round of 32 Prediction｜Brazil 🇧🇷 VS Japan 🇯🇵
Five-time champion Brazil is chasing its sixth World Cup title. Can Japan finally break through and reach the quarterfinals for the first time?
One is a traditional World Cup powerhouse, the other is Asia’s technical football representative.
Which team do you think will advance?
💬 Leave your prediction in the group:
🏆 Who will advance to the next round?
🇧🇷 Brazil / 🇯🇵 Japan
⭐ Who will be the Player of the Match?
Vinícius Jr. / A Japanese player / Other players
📊 You can also predict the final score!
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Congratulations to Gate x Red Bull Racing for their podium finish in Austria!
Max Verstappen drove the Gate car from P5 on the grid, made 3 overtakes, and finished P2 — also claiming the Driver of the Day award.
From a qualifying crash to fighting for the win — that's the spirit of racing. Gate is with you every step of the way.
🚀 Gate explores the unlimited possibilities of trading, just like Verstappen on track — always pushing beyond limits.

📢 Gate Square Daily | June 30
1️⃣ Geopolitics: Iran said its current priority is implementing the memorandum of understanding, with no talks planned with the U.S. for now.
2️⃣ Market Update: BTC is trading at $60,173, up 0.9% in the past 24 hours; ETH is trading at $1,609, up 2.2% in the past 24 hours.
3️⃣ Institutional Moves: Strategy launched a $1.25B Bitcoin financing plan and started a $1B digital credit securities buyback to optimize its capital structure.
4️⃣ TradFi: A tech stock rebound drove U.S. stocks to close higher across the board, with the semiconductor index up nearly 4% and Strategy (MSTR) rising over 12%.
5️⃣ Macro Market: The yen continued to weaken, with USD/JPY rising to 161.95, its highest level since December 1986.

📢 Gate Square Daily | June 30
1️⃣ Geopolitics: Iran said its current priority is implementing the memorandum of understanding, with no talks planned with the U.S. for now.
2️⃣ Market Update: BTC is trading at $60,173, up 0.9% in the past 24 hours; ETH is trading at $1,609, up 2.2% in the past 24 hours.
3️⃣ Institutional Moves: Strategy launched a $1.25B Bitcoin financing plan and started a $1B digital credit securities buyback to optimize its capital structure.
4️⃣ TradFi: A tech stock rebound drove U.S. stocks to close higher across the board, with the semiconductor index up nearly 4% and Strategy (MSTR) rising over 12%.
5️⃣ Macro Market: The yen continued to weaken, with USD/JPY rising to 161.95, its highest level since December 1986.

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