Circle just minted another large batch of USDC and almost nobody treated it like the leading indicator it usually is.
You've been on the wrong side of that. You buy the coin that's already running while the real capital is still entering through the stablecoin door.
I started watching these mints after getting caught offside in the last cycle. Large $USDC prints appeared before the 2021 run and again when ETFs began pulling size. Fear and Greed sits at 67. That greed is real, but most of it is looking at the wrong screens.
$USDT still owns the search traffic because that's what retail grew up on. Circle's activity is quieter and cleaner. Fresh dollars tend to bid $BTC first, then the rest follows. That's how the last two cycles actually unfolded. Ignore the mint and you keep arriving late.
Where do you think this new liquidity goes from here?
#CircleMints #BitcoinSpotETFsDraw #FedOctoberHoldOdds82
You've been on the wrong side of that. You buy the coin that's already running while the real capital is still entering through the stablecoin door.
I started watching these mints after getting caught offside in the last cycle. Large $USDC prints appeared before the 2021 run and again when ETFs began pulling size. Fear and Greed sits at 67. That greed is real, but most of it is looking at the wrong screens.
$USDT still owns the search traffic because that's what retail grew up on. Circle's activity is quieter and cleaner. Fresh dollars tend to bid $BTC first, then the rest follows. That's how the last two cycles actually unfolded. Ignore the mint and you keep arriving late.
Where do you think this new liquidity goes from here?
#CircleMints #BitcoinSpotETFsDraw #FedOctoberHoldOdds82
