#Stablecoins
stablecoin dominance update đš
âshort term -> broke out of the channel, bear flag invalidated, that's this week's red board explained
ânow -> descending channel formed on top of the bounce
âexpectation -> the white arrow, rolls back down
âmonthly -> double top at 9.4% untouched, big picture intact
âthe bounce was the market breathing, the channel is the exhale
stablecoin dominance update đš
âshort term -> broke out of the channel, bear flag invalidated, that's this week's red board explained
ânow -> descending channel formed on top of the bounce
âexpectation -> the white arrow, rolls back down
âmonthly -> double top at 9.4% untouched, big picture intact
âthe bounce was the market breathing, the channel is the exhale