Most assets are bought with stablecoins and USDT is one of the biggest. An analysis on the accumulation and storage of value on stablecoins like USDT means less are on alts or BTC. The USDT Dom analysis gives a clear direction of the market with respect to stablecoin movements. So if people are buying alts and L1s, the Index will be in decline.
According to this analysis, the next two days might be a little bearish while people take profits. We'll get to key levels and then make the next move.
The next move? The chart will tell
NFA!
According to this analysis, the next two days might be a little bearish while people take profits. We'll get to key levels and then make the next move.
The next move? The chart will tell
NFA!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.