I recently noticed that the trading volume performance of USDC is quite interesting. It’s not just a normal rise—more like an institutional-level entry signal.

Looking at the trading volume bars on the chart, the green segment is at least 4 to 6 times the usual. This can’t be produced by retail traders. The price surged directly from around 60 to over 90, and at the same time, the trading volume exploded as well—this is what real buying looks like. Any price increase without volume is just fake; only a move backed by volume is solid and real.

The current trend is also very healthy. After a sharp run-up, there’s a consolidation, and the trading volume contracts—this is a very normal rest-and-reset pattern. Usually, after this kind of situation, there will be a second wave of upward movement, and this is the most crucial part of trading volume analysis.

From a technical standpoint, the current area around 81 looks good. The strong support is below at 75 to 78, while 90 above is short-term resistance. Going further up, 95 to 100 should be the next target. Especially given the trading volume in this move after the earnings signal appears, it’s highly likely to be driven by fundamentals.

My view is that this rally isn’t over; instead, it’s very likely the start of a new round of upward movement. With trading volume this strong, there must be something behind it driving the move.