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Understanding the Money Flow in the Coin Market Hello, fellow traders! Follow me to get the latest information quickly. Have a great day! ------------------------------------- (USDT 1D Chart) (USDC 1D Chart) I believe that USDT and USDC show a gap up trend when funds flow into the coin market, and a gap down trend when funds flow out. Therefore, unless the gap turns into a downtrend, the coin market is expected to maintain its upward trend. - (USDT.D 1D Chart) (1M Chart) As funds flow into and out of the coin market through USDT and USDC, USDT dominance is likely to ultimately rise. However, I believe that the funds (USDT, USDC) flowing into the coin market will change dominance through trading. In other words, if USDT dominance declines, the coin market is likely to trend upward. This is because coins (tokens) are being purchased with USDT. If USDT dominance remains below 4.91 or declines, the coin market is likely to trend upward. Therefore, if USDT dominance rises without any evidence of fund outflows through USDT or USDC, it can be interpreted as a temporary increase in selling pressure. If USDT or USDC gaps downward in this situation, the price will fail to defend, leading to a downward trend in the coin market. Therefore, it's best to look at the USDT and USDT.D charts to understand the general flow of funds. - (BTC.D 1D chart) (1M chart) I believe BTC dominance reflects the relationship with altcoins, rather than the rise or fall of the coin market or the rise and fall of BTC itself. In other words, rising BTC dominance indicates a concentration of funds toward BTC, increasing the likelihood that altcoins will gradually move sideways or experience a downward trend. Therefore, for an altcoin bull market to begin, it must remain below 55.01-62.47 or show a downward trend. Therefore, it is recommended to check BTC dominance before trading altcoins and develop a trading strategy. -------------------------------------------------- Summary of the above: For the coin market to continue its bull market, 1. USDT and USDC must maintain a gaping upward trend. 2. USDT dominance should decline below 4.91. 3. BTC dominance should decline below 55.01. - Thank you for reading. I wish you successful trading. --------------------------------------------------
CRYPTOCAP:USDT.DEducation
by readCrypto
STABLECOIN SUPERCYCLE CAN SEND AAVE TO $5,000We have a #HVF forming that is yet to breakout. The fundamental driver is of course stablecoin growth. Namely the ones that the United States allow to dominate in this space. Permissioned quasi CBDC's like USDT and USDC. So what is AAVE if you don't know; Aave (AAVE) is a decentralized finance (DeFi) protocol enabling users to lend, borrow, and earn interest on crypto assets without intermediaries through automated liquidity pools. Liquidity Markets – Users deposit assets into pools to earn yield or borrow against collateral. Flash Loans – Pioneered uncollateralized loans executable within a single blockchain transaction. Community Governance – AAVE token holders vote on protocol upgrades, risk parameters, and expansions. So there we have it ... congrats to hodler's of this protocol that was once called ETHLend. Theres still plenty meat left on the bone for these next few years.
CRYPTO:AAVEUSDLong
by BallaJi
2
Trump’s Bond Strategy vs. Saylor’s High-Stakes Bitcoin BetBitcoin ( BITSTAMP:BTCUSD ) Macro Analysis: Trump’s Bond Strategy vs. Saylor’s High-Stakes Bitcoin Bet 1. Trump’s Bond Play and Crypto Ventures: A Dual Macro Hedge Since returning to office in January 2025, Donald Trump has purchased over $100 million in corporate and municipal bonds, including debt from Meta, Citigroup, and local governments. These purchases are notable for two reasons: Yield Lock: Trump’s bond buys were made at yields near 5%, a level not seen since the pre-2022 low-rate era. If the Federal Reserve cuts rates as expected in late 2025, the value of these bonds will rise, and their fixed 5% coupons will become increasingly attractive compared to new, lower-yielding issues. Policy Alignment: Trump has publicly pressured the Fed to lower rates, which would further inflate the value of his bond portfolio. His administration’s fiscal and trade policies (e.g., tariffs, deregulation) could also indirectly support bond markets by stimulating demand for safe-haven assets. Trump’s Crypto Ventures: Profiting from the Public Unlike traditional crypto investors, the Trump family’s involvement in the sector is not built on holding Bitcoin or other digital assets. Instead, their companies focus on selling crypto-related products, cashing in on trading fees, and enriching themselves at the expense of an uninformed public. These ventures have been widely criticized as predatory, leveraging Trump’s political influence and public persona to attract unsuspecting investors into high-fee, low-value schemes—effectively an open scam that prioritizes short-term profits over genuine market participation. Implications for Bitcoin: If rates fall, bond yields become less competitive with risk assets like Bitcoin, potentially driving capital back into crypto. However, Trump’s bond strategy and his family’s exploitative crypto ventures signal a preference for traditional financial instruments and extractive business models over supportive crypto policies. This could temper any positive impact on Bitcoin from his administration’s economic agenda. 2. Michael Saylor’s MicroStrategy: A Leveraged Bitcoin Bet MicroStrategy, under Michael Saylor, has become the world’s largest corporate holder of Bitcoin, with over 446,000 BTC (worth ~$50 billion as of September 2025). The company’s strategy relies heavily on convertible debt issuance: Debt Structure: MicroStrategy has issued billions in zero- or ultra-low-interest convertible notes (as low as 0.625%), using the proceeds to buy Bitcoin. This allows the company to avoid high interest payments and benefit from Bitcoin’s price appreciation. Risks: Leverage: If Bitcoin’s price falls sharply, MicroStrategy may face margin calls or be forced to sell BTC to meet debt obligations, exacerbating downward pressure on $BTCUSD. Equity Dilution: The company’s aggressive stock issuance (planned dilution from 330M to 10B shares) could depress shareholder value if Bitcoin underperforms. Recent Performance: MicroStrategy’s stock NASDAQ:MSTR has outperformed Bitcoin in 2024–2025, but its valuation is now highly correlated with BTC’s price and market sentiment toward leverage. 3. Federal Reserve Policy: The Wild Card Current Rates: The Fed has held rates at 4.25–4.50% since late 2024, but markets anticipate cuts in late 2025 (potentially 0.50–0.75% by year-end). Impact on Bitcoin: Rate Cuts: Historically, lower rates boost risk assets. Bitcoin could benefit from increased liquidity and weaker dollar, as seen in late 2024 when BTC rallied following Fed easing. Inflation & Macro Risks: If cuts are delayed or inflation resurges, Bitcoin may face headwinds as investors favor bonds or cash. 4. The Crypto Winter Thesis: Is Doomsday Coming? Bull Case: If the Fed cuts aggressively and liquidity floods markets, Bitcoin could resume its upward trajectory, especially if institutional demand (e.g., ETF inflows) remains strong. Bear Case: MicroStrategy’s Leverage: A sharp BTC drop could force NASDAQ:MSTR to liquidate holdings, triggering a cascade effect. Regulatory Risks: Trump’s bond focus, his family’s extractive crypto ventures, and potential regulatory crackdowns could dampen sentiment. Macro Uncertainty: Geopolitical tensions, recession fears, or a stronger-than-expected dollar could further pressure risk assets. Technical Outlook: BITSTAMP:BTCUSD is currently trading at $109,430 (as of September 4, 2025), up 1.63% over the past week but still range-bound between $107K–$112K. Support/Resistance: Watch $105K (psychological support) and $115K (next resistance). A breakout or breakdown here could signal the next major move. Conclusion: A Tale of Two Strategies Trump’s bond purchases and push for rate cuts could indirectly benefit Bitcoin by reducing the appeal of fixed income, but his administration’s stance on crypto, and his family’s history of exploiting the public through crypto ventures, remains a significant red flag. Meanwhile, MicroStrategy’s leveraged Bitcoin bet is a high-risk, high-reward play that could either propel BITSTAMP:BTCUSD to new highs or accelerate a downturn if forced liquidations occur. Traders should monitor: Fed meetings (next: September 16–17, 2025) for rate cut signals. MicroStrategy’s debt maturity schedule and Bitcoin holdings. Trump’s policy shifts on crypto regulation and fiscal stimulus, as well as any new developments in his family’s crypto-related businesses. Final Thought: The stage is set for a volatile Q4 2025. While the macro backdrop favors risk assets if the Fed eases, the specter of leverage unwinding, regulatory risks, and the Trump family’s extractive crypto practices looms large. Caution and active risk management are advised. NASDAQ:MSTR NASDAQ:COIN TVC:GOLD TVC:SILVER NASDAQ:MARA BITSTAMP:ETHUSD CRYPTOCAP:USDC NASDAQ:TSLA NASDAQ:NVDA
CRYPTO:BTCUSDShort
by CassianDrake
WLFI Launch At Ridiculous Valuation | Stablecoin ComparisonBINANCE:WLFIUSDT.P is a protocol affiliated with the Trump family and managed by Chase Herro and Zak Folkman - both with a notorious past with Herro reffering to himself as the 'scumbag of the internet'. World Liberty Financial has a major product in USD1. As of today its the sixth larget stablecoin by supply. $2.4b circulating with increasing adoption. USD1 is the main product of WLFI. In the video I compare WLFI and USD1 to its competitors in BINANCE:ENAUSDT and USDe, NYSE:CRCL and USDC. With this comparison you see a massive overvaluation of WLFI at ~$23b compared to $2.4b supply of USD1. Relative to ENA at $9b with $12b USDe supply. Circle is $30b with $70b USDC. This shows an extreme extra cost added to WLFI with no real current product to rationalise it. Not to say that there wont be new products or a major expansion of USD1.. only that its priced as if theyve already achieved it.
Short
by GeorgeDatahouse
1
Binance Blinked! High level of USDC volume across Binance..Binance has for many years tried their own versions of buying US debt with USD made from selling a stablecoin of their own. This has been squashed nearly every time and has most likely hindered the flow on binance itself. It seems binance may have blinked. USDC has been flooding into Binance this year maintaining often very high levels of relative volume. This flow is overall better than if neither party capitulated. Must be careful of different streams of volume fragmenting both bullish and bearish data. While USDT is seeing all time highs its market share is falling with the wider adoption of stablecoins on chain and in traditional finance. All this is occuring as stablecoin regulation is being passed in the US www.tradingview.com and Dimon says NYSE:JPM will be buying COINBASE:BTCUSD for clients soon
Long
by CryptoCheckGroup
Steibles dominance: USDT.D+USDC.DThe graphic shows Kryptan blood and tears - in red variant. And bullish crypto - triumph in blue! I am of course counting on the blue variant, as: 1)There has been no normal bulls with the fall of bitcoin dominance. 2)The American newly elected tech team hasn't shown anything meaningful except loud populist statements and family memes. 3)Stimulus with rate cuts, QE, M2 and other liquidity releases haven't really kicked in yet So I'm waiting for an epic risk on and exit pamp! Translated with DeepL.com (free version)
CRYPTOCAP:USDT.DShort
by BurminaTor
USDT Dominance + USDC Dominance 1WIMPORTANT! CRYPTOCAP:USDT Dominance + CRYPTOCAP:USDC Dominance These two dominances show us the cash position in the market. This is the crudest expression. With the rise of this chart, we can see that there is an increase in cash transitions in the market or hot money inflows to the market. In my previous post, I shared information that there may be a movement from the bottom to the falling trend line (red) above. Because this possibility was much higher. The reason was that it made a double bottom formation, supported by the rising trend line (green) and also pointed to a harmonic pattern. With the OB level on the daily chart, the price retreated with the falling trend line (red) acting as resistance. With its retracement, the upward movement on the BTC side was realised. Because as it is known, this chart works in inverse correlation with the BTC chart. If this chart continues its upward movement, that is, if it breaks the falling trend line and provides a movement towards 11% levels, then we can see much deeper declines on the BTC side. Let me add one more comment to overlap here; On the BTC side, I have been emphasising that I have an expectation of $123k - $130k for the first batch for a long time. So if this chart moves one round lower than these levels, to the bottom of the rising trend line (green), it is possible to see the levels I mentioned on the BTC side. Then again, the dominance chart will now move upwards and may cross the red line, which is the falling trend line, and move towards 11% levels. Of course, there are other OB resistances on the route, and a pre-bullish retest will probably do. This gives misleading information that the decline on the BTC side is over. If BTC really returns from the level I mentioned above and moves as I explained in this chart, there may not be a second spring in the market until it reaches 11% levels.
CRYPTOCAP:USDT.DLong
by ugurtash
PENDLE RWA Bullish Chart prediction 2025Pendle has been excellent in 2024. The project is delivering and moving to the Top 50 is possible. Given its market cap to be sitting around $600M only, means it can have the same upside as AAVE as PENDLE is RWA and tokenization for LINK and Axelar. If you don’t hold PENDLE in your portfolio, you can enter at $4. Future Potential: Pendle's real-world asset (RWA) tokenization offers new opportunities for investment and liquidity. By bridging traditional finance with blockchain, PENDLE could become a key player in the evolving financial landscape. Latest News: Pendle Expands Tokenization Services to New Markets Usual Labs, the firm behind the DeFi protocol Usual, altered the code for its bond-like USD0++ token, reducing its fixed price from $0.995 to $0.87, causing chaos among DeFi apps that treated USD0 and USD0++ as equal in value. The change, which Usual claims was announced and planned since October, caught many investors and developers off guard, leading to criticism over poor communication. The price adjustment has disrupted DeFi integrations, with users of protocols like Pendle potentially facing losses due to the devaluation of USD0++ principal tokens. USD0 is a stablecoin pegged to the dollar and backed by real-world assets, while USD0++ is a staked version locked for four years, previously redeemable at a one-to-one ratio for USD0. Usual has updated its documentation to reflect the $0.87 redemption floor, but a conditional exit allowing one-to-one redemption for USD0 is expected next week, requiring users to forfeit some accrued yields. Concerns remain about the profitability of holding USD0++ until maturity, with industry figures like Aave's Stani Kulechov warning of potential long-term losses.
CRYPTO:PENDLEUSDLong
by osodatsismoso
Support around 97461.86 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- When USDT is moving sideways, USDC seems to be leading the coin market in the short term by gapping up. For the altcoin bull market to start, BTC dominance must remain below 55.01 or show a downward trend. USDT dominance is expected to touch around 2.84 at the most. If it touches around 2.84 and starts to rise, the coin market is expected to turn into a downtrend. If USDT dominance rises above 4.97, a sharp decline is expected in the coin market. After that, the trend of the coin market is expected to be determined depending on whether it is supported or resisted around 4.97. - (NAS100USD 1D chart) The point to watch is whether NAS100USD can rise above the support zone and be maintained. The high point boundary zone is likely to be applied as a resistance zone, but if it breaks through upward, it is likely to create a new upward wave. -------------------------------------- (BTCUSDT 1D chart) If it receives support near 97461.86, it is expected to turn into a short-term uptrend. However, USDT must show a gap-up trend. If not, it will fall again. You should also check if the BW and DOM indicators rise above 0 and if the candle's Body color turns green. Confirming support is a tedious and difficult task that requires checking the movement for at least 1-3 days. - The point of interest is whether it can receive support near 101947.24 around January 10, the next volatility period. If it falls, it is important to see whether it supports the important support and resistance area of ​​93576.0-94742.35. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been in an upward trend since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Next Volatility Period: Around January 10 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (USDT 1D chart) USDT is maintaining a gap downtrend. The gap downtrend is a sign that funds have flowed out of the coin market. (USDC 1D chart) I think that the price defense is being done in the short term because USDC is maintaining a gap uptrend. If USDT continues to maintain a gap downtrend and USDC moves sideways or gaps down, the coin market may fall significantly, so be careful when trading. ----------------------------------------- (BTCUSDT 1D chart) USDT is showing an upward trend while maintaining a gap downtrend. It is likely that this is the last upward movement before the downtrend, so you should think about how to respond to the downtrend. In order to turn into a short-term uptrend over time, it needs to be supported in the 95863.11-97461.86 range or higher. If not, it will eventually fall. - USDT is one of the important stablecoins that support the coin market. Since USDT is a stablecoin used worldwide, it is a fund that has a big impact on the coin market. - 93576.0, 94742.35 are important support and resistance points. Therefore, if the price can be maintained around 93576.0-94742.35, the coin market is expected to show a large increase when USDT shows a gap increase. If it falls below the 92792.05 point and shows resistance, 1st: 87.8K ~ 89K 2nd: M-Signal on the 1W chart You should check for support near the 1st and 2nd above. - Even if it rises above the 93576.0-94742.35 section and shows support, it must rise above the 101947.24-106133.74 section, which is the high point boundary section, to continue the upward trend. If not, it will fall again, and at this time, the 93576.0-94742.35 section will play an important role as support and resistance. - As I mentioned earlier, the key is whether it can develop into a movement to form a bottom section. To do that, it needs to meet the HA-Low indicator. Since the next volatility period is expected to be around January 10 (January 9-11), we need to see if the HA-Low indicator is generated after the volatility period. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Whether the bottom section will be formed is the key Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. Happy New Year. ------------------------------------- (USDT 1D chart) USDT appears to have turned into a gap downtrend. If it does not rise quickly, the coin market is expected to show a sharp decline. (USDC 1D chart) Fortunately, USDC is maintaining a gap uptrend, so there seems to be a possibility of price defense to some extent. However, since USDC has a lower influence on the coin market than USDT, if USDT maintains a gap downtrend, the coin market is expected to eventually show a decline. What we need to do is check the stop loss point of the coin (token) we currently hold rather than increasing new transactions and think about how much we should cut loss. (BTCUSDT 1D chart) The point to watch is whether the movement of BTC is as updated last time. If the HA-Low indicator is created, it means that the current wave is finished and a new wave is starting, so whether there is support is an important key. There is a possibility that the HA-Low indicator will fall after being created and show a stepwise downtrend, but the fact that the HA-Low indicator was created means that it is ultimately forming a bottom section, so it is a time to buy. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
2
Example of Interpretation of USDT, USDC, BTC.D, USDT.D Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. Trading Strategy ------------------------------------- (USDT 1D chart) USDT is a stable coin that has a great influence on the coin market. Therefore, the gap decline of USDT is likely to have a negative impact on the coin market. Since the gap decline means that funds have flowed out of the coin market, it can be interpreted that funds have currently flowed out through USDT. (USDC 1D chart) USDC cannot help but have a lower influence on the coin market than USDT. The reason is that USDC markets are not operated in all exchanges around the world. In other words, USDC can be seen as having limitations compared to USDT as an American investment capital. Therefore, the gap increase of USDT is likely to have a short-term impact on the coin market. ---------------------------------- (BTC.D 1D chart) You can refer to BTC dominance to choose which side (BTC, Alts) to trade in the coin market. Since the rise in BTC dominance means that funds are concentrated on BTC, it can be interpreted that Alts are likely to gradually move sideways or show a downward trend. For this interpretation to be meaningful, USDT dominance must show a downward trend. (USDT.D 1D chart) Because the decline in USDT dominance is likely to result in a rise in the coin market. Therefore, if USDT dominance rises, it may be a good idea to pause all trading and take a look at the situation. - You can roughly figure out whether funds are flowing into or out of the coin market with USDT and USDC. You can roughly figure out which direction the funds in the actual coin market are moving with BTC dominance and USDT dominance. As I am writing this, BTC dominance is rising and USDT dominance is falling, so it is better to trade BTC rather than Alts. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
CRYPTOCAP:BTC.DEducation
by readCrypto
1
USDT vs USDC The Last Rush- Everything is in the chart. - So my own deduction ( and only my own ) is : " Actually BTC not dipped so much " - They pushed it hard, many peoples turned their BTC and Altcoins to USDT/USDC for safety. - BTC is still not yet considered as a reserve like Gold in case of crises, peoples still scare and back really fast to the old paper money system when panic is around. - i will link following this post a PAXG/BTC Chart to show what happened when BTC dipped. - just look at indicators and you will clearly understand how much stables coins pushed high and Mooned/Marsed in the red " Overbought " Zone. - Results : TheKing is still around 20k. - that said, we can notice that USDC is gaining much more interests than USDT, just because USDC (Circle) is backed by cash and short-term U.S. government bonds as collateral. - after the "LUNA-UST" Crash peoples started to fear and they are right, so they turned their Stables to USDC. - in near future, USDC will gains more dominance on USDT and the next Dip could results in an Equal Dominance ( 3.80% - 3.20% ) i hope this post help to understand the situation, be H4ppy and St4y S4fe ! Happy Tr4Ding !
CRYPTOCAP:USDC.DShort
by thecryer
9
USDT depegged today but Why?About 12 hours ago, whale"0x3356" created a new address to deposit 52.52M USDC and borrowed 40M USDT on Aave and Compound then he started depositing 40M USDT into Coinbase and Kraken 6 hours ago, USDT started depegging after whale"0x3356" deposited USDT to exchanges and whale"0x3356" withdrew 25M USDC from Coinbase 4 hours after depositing USDT. then about 5 hours ago, 2 whales sold a total of 9.6M USDT at a similar time after USDT depegged, CZSamSun shorted USDT on AaveV2 4 hrs ago,Whale"0xd275" started to borrow USDC from Aave and Compound and buy USDT for arbitrage after CZSamSun shorted USDT USDT started back to the peg, but due to multiple FUDs, whales keep dumping USDT USDT further depegged.. pro traders trade coins legends trade stable coins
by moonypto
10