Wow this indicator has been spot on in the last 2 years!
Add the marketcap of the 2 biggest stablecoins (USDT + USDC) and divide by the marketcap of TOTAL2.
I prefer to look at ALTCOINS so I'm analyzing TOTAL2.
Look at how the market price reached a TOP everytime the stablecoins touched the trend line! Crazy precise!
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