They say a BTC golden cross is coming, but the people watching the charts this time may have read the signal wrong.
In the past 24 hours, the crypto world has been talking about two things: first, BTC has reclaimed levels above 77,500, and a technical golden cross is about to form; second, the probability of a September Fed rate hike has dropped from a high point to 62%, and the market has finally relaxed.
But CoinDesk’s analysis today points to a different direction: this time, what you really should watch isn’t the K-line golden cross, but USDT. Stablecoin supply is quietly expanding, which suggests that off-exchange capital is moving in to stock up—historically, this is a more reliable leading indicator for a market move to start.
Golden crosses can be misleading, but money won’t. The 80,000 threshold is right ahead—do you trust technical indicators, or do you trust the flow of funds? #比特币 #ETF #加密市场
In the past 24 hours, the crypto world has been talking about two things: first, BTC has reclaimed levels above 77,500, and a technical golden cross is about to form; second, the probability of a September Fed rate hike has dropped from a high point to 62%, and the market has finally relaxed.
But CoinDesk’s analysis today points to a different direction: this time, what you really should watch isn’t the K-line golden cross, but USDT. Stablecoin supply is quietly expanding, which suggests that off-exchange capital is moving in to stock up—historically, this is a more reliable leading indicator for a market move to start.
Golden crosses can be misleading, but money won’t. The 80,000 threshold is right ahead—do you trust technical indicators, or do you trust the flow of funds? #比特币 #ETF #加密市场