Has liquidity started returning to the crypto market?
TVL simply means the amount of money locked inside market protocols, and its rise indicates that liquidity in the crypto sector has begun to grow.
On the chart, Total TVL tested the bottom of the ascending channel that lasted for months, and then it has already rebounded from it. This is a positive sign for me, because if liquidity continues to rise, it could support a return of strength to the Altcoins and the DeFi sector.
If the rebound continues within the channel, the next technical target for TVL is at $400 billion.
In simpler terms: rising TVL = more liquidity in the market, and if this liquidity continues to climb, the Altcoins may get more room to move.
TVL simply means the amount of money locked inside market protocols, and its rise indicates that liquidity in the crypto sector has begun to grow.
On the chart, Total TVL tested the bottom of the ascending channel that lasted for months, and then it has already rebounded from it. This is a positive sign for me, because if liquidity continues to rise, it could support a return of strength to the Altcoins and the DeFi sector.
If the rebound continues within the channel, the next technical target for TVL is at $400 billion.
In simpler terms: rising TVL = more liquidity in the market, and if this liquidity continues to climb, the Altcoins may get more room to move.
