Study the relationship between fiat liquidity and an asset class.
In this case, USDT"s market cap and Bitcoin. Every time USDT experiences a sharp contraction, or even turns negative in growth, $BTC tends to form a major bottom shortly after. The clearest example was the 2022 bear market bottom. Will this signal mark the absolute bottom this time? I don't think so. But historically, it has been enough to trigger a strong recovery bounce.
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Study the relationship between fiat liquidity and an asset class.
In this case, USDT"s market cap and Bitcoin.
Every time USDT experiences a sharp contraction, or even turns negative in growth, $BTC tends to form a major bottom shortly after.
The clearest example was the 2022 bear market bottom.
Will this signal mark the absolute bottom this time? I don't think so. But historically, it has been enough to trigger a strong recovery bounce.