Look at USDT MC + USDC MC) * (USDC.D + USDT.D)


This is the most comprehensive view of the direction of the crypto asset class. We have our two largest stables coins dominance adjusted for their supply.
This chart is shouldering after a 6 month uptrend (& crypto downtrend).
It looks super bearish (bullish for the coins)
Now... I could be convinced of a bearish move here on crypto. But it would require the red box to be reclaimed. Right now, it's just flatlined under months of support. I think this is the best chance we've had in over half a year for a big move. Im going to give it a chance until the charts tell me otherwise... not just one chart, but the aggregated charts like this one.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin