The next quarter or two for crypto price-action will depend significantly based on how the momentum of the daily aggregated stablecoin dominance develops over the next few weeks in my opinion.
I've drawn out three small time-frame (however nonetheless critical) levels here with some general price action examples.
I will try to make more detailed updates as new information rolls in :)
I've drawn out three small time-frame (however nonetheless critical) levels here with some general price action examples.
I will try to make more detailed updates as new information rolls in :)
Comment:
I should add that I believe that if the green line example plays out or anything similarly bullish, breaking below 7.0% would essentially confirm the bull market has already begun! (keep in mind the chart is reversed so up means good for crypto)