USDT: Market capitalization without significant change

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(USDT chart)
I've seen an article saying that the market capitalization of stable coins has decreased significantly.

In fact, when looking at the USDT chart, which currently accounts for most of the funds in the coin market, it is in a very small state.

I think it was reported because the liquidity of the coin market has decreased so much that there are no other issues to worry about.

(1D chart)
USDT has shown significant volatility three times to form a high point.

The location corresponds to the section 82.098B-82.416B.

Therefore, if USDT is maintained above this range even if it falls to its maximum, I think the long-term trend of the coin market will not change.


(USDC chart)
It cannot be said that the decline of USDC had a significant impact on the coin market.

However, it can be seen that the decline of USDC played a role in lowering the correlation between investment products derived from the coin market, that is, the stock market.

Therefore, the further USDC falls, the more the coin market is expected to escape the influence of the stock market.

It is not easy to say definitively whether this trend is good or bad.

However, if we continue to move away from the stock market, regulations and pressure on the coin market will likely increase, so I think it is important to keep a reasonable line.

USDC's market capitalization also remains high.

However, I believe that the USDC market is not active and therefore has little influence on the coin market.

If the USDC market begins to expand beyond US exchanges to the rest of the world, then I believe that fluctuations in USDC will begin to have an impact on the coin market just like USDT.

In this sense, I think this is why the coin market is more likely to show independent movements different from the stock market even if the DXY continues to rise and the investment market enters a recession.


(BTC.D chart)
BTC dominance is expected to eventually rise and rise above 61.

The reason is that in order for BTC to show a full-fledged upward trend, BTC dominance must rise.

We've been talking about this for a long time, so I'll skip it.

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(USDT.D chart)
The SPX500USD chart shows the opposite movement to what was explained.

Therefore, if USDT dominance is maintained by rising above 8.16, there is a high possibility of renewing the new high (ATH).

The rise in USDT dominance needs to be closely observed because it is highly likely that the coin market will decline overall.

In order for this upward trend to turn into a downward trend, it must meet the HA-Low indicator and show a decline.

Until then, even if it declines, it is expected to just move sideways.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.


(The key is whether the four-year cycle pattern can be continued)

(4년 주기 패턴을 이어질 수 있는지가 관건)

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