$USDC holds $1.00 or I’m calling this chop fake and the peg tight as ever. 🧊
Circle’s seeing $1.67B in 24h volume, shorts are still paying -0.003%, and the 4h RSI at 45 says nobody’s rushing this. MAs are mixed, volume is only 0.9x the 20d avg, but it’s still sitting 0% off the 30d high.
My line: if $USDC spends a full 4h under $0.9995, I’ll start treating it like real peg stress. If it stays glued, the market is just bored. 😏
Holding or fading this peg?
#USDC
#CryptoNews
Circle’s seeing $1.67B in 24h volume, shorts are still paying -0.003%, and the 4h RSI at 45 says nobody’s rushing this. MAs are mixed, volume is only 0.9x the 20d avg, but it’s still sitting 0% off the 30d high.
My line: if $USDC spends a full 4h under $0.9995, I’ll start treating it like real peg stress. If it stays glued, the market is just bored. 😏
Holding or fading this peg?
#USDC
#CryptoNews