The second Pre-IPO project, OpenAI, has opened for subscription.

加密市場風險偏好修復，BTC 週漲約 6.8%、ETH 週漲約 12.2%；Gate TradFi 週交易量維持約 850 億美元高位，美股交易量連續五週增長並創階段新高。DEX 交易結構持續分化，Uniswap、PancakeSwap 成交回落，而 PumpSwap 延續高增長。LST 板塊同步修復，ETH、SOL 質押資產隨風險偏好回暖反彈。

This article focuses on the core logic of chart patterns and breakout trading, systematically sorting out common reversal patterns, continuation patterns, and their application in actual trading within technical analysis. The research begins with the basic assumptions of trend operation and market behavior, classifying and structurally analyzing classic patterns such as rectangles, flags, triangles, head and shoulders tops/bottoms. It also discusses their formation logic and market implications in conjunction with trading volume, support/resistance, and trend background.

用户可将外部券商持有的股票申请转入 Gate，也可将 Gate 股票账户中的持仓申请转出至其他券商，实现股票资产更加灵活、高效的管理与配置。

AI 大模型訓練與推理需求的快速增長，正在推動全球存儲產業進入新一輪價值重估週期。隨著高帶寬內存（HBM）、DDR5 和企業級 SSD 等高階存儲產品需求持續提升，三星電子、SK 海力士和美光科技等存儲龍頭受益於 AI 數據中心擴張、行業供給緊張以及長期供貨協議（LTA）普及，盈利能力與估值體系均出現顯著改善。

The main contradiction in the crypto market in May was the divergence between spot absorption and leverage trading structure after prices peaked at the beginning of the month. BTC, ETH, and SOL all formed period highs in early May before retracing, entering a low-volatility compression state by the end of the month. Liquidity from stablecoins and DeFi remained stable, but BTC and ETH ETFs faced continuous pressure. The proportion of perpetual contract trading volume persistently exceeded spot volume, further tilting market pricing power towards derivatives trading.

This article systematically explores the core logic of chart patterns and breakout trading, covering common reversal patterns, continuation patterns in technical analysis, and their practical application in trading. Starting from the basic assumptions of trend movement and market behavior, the research classifies and structurally analyzes classic patterns such as rectangles, flags, triangles, and head and shoulders tops/bottoms. It also discusses their formation logic and market implications in conjunction with trading volume, support/resistance levels, and trend context.

In 2026, top-tier private tech companies represented by SpaceX, OpenAI, and Anthropic are successively advancing their IPO plans. Among them, SpaceX's target valuation is as high as $1.75 trillion, with plans to raise $75 billion, potentially becoming the largest IPO in history. The massive capital absorption effect of these giant IPOs could pose a potential short-term liquidity shock to the crypto market.

The real growth story may have only just begun.

Crypto retail investors, holding their number tickets, when can they truly join the table?

頂級獨角獸，終向散戶敞開大門。

Binance、Bitget、Gate、Ondo、xStocks 等都是他的客戶。

加速構建覆蓋加密資產、股票及全球主流金融產品的統一交易與資產配置體系。

The largest IPO in human history is opening its quota to everyone.

隨著預測市場逐漸進入主流金融體系，政治、體育、宏觀經濟、AI 與監管等高關注事件持續推動事件交易需求增長，「未來機率」成為可交易資產。Gate 透過整合 Polymarket，將原本偏 Web3-native 的預測市場封裝為 CEX 內的帳戶化交易體驗，藉助用戶規模、USDT 資金入口與交易分發能力，迅速成長為 Polymarket 的 Top3 分發渠道。

上週 BTC ETF 單週淨流出約 9.96 億美元，ETH ETF 淨流出約 2.55 億美元。TradFi 鏈上與 CEX 衍生品交易繼續由黃金等避險資產主導。鏈上流動性繼續集中於 PancakeSwap、Raydium 等頭部 DEX。Aave 主網借貸與 LST 板塊回撤，ETH 與 Solana 側槓桿需求同步降溫；與此同時，Plasma、MegaETH 等新鏈繼續承接結構性資金遷移。