According to the latest market analysis, the market share of USDT has reached a critical historical downtrend line. Looking back at past data, whenever the market share of USDT touches this critical level, it often coincides with Bitcoin adjusting to the 350-day moving average position. This combination of technical indicators is significant: it is likely to mark the end of the current adjustment cycle, and the market is about to welcome a strong rise.
It is worth noting that the recent views circulating in the market that compare the current situation with the downturns of last summer or the summer before that actually lack in-depth analysis and overly simplify historical patterns. The market is dynamically evolving, with each cycle having its unique characteristics, and simple analogies cannot accurately grasp the current market situation.
Current technical indicators suggest that we may be at the starting point of a new rise. Investors should closely monitor market changes and analyze rationally rather than blindly following market sentiment.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
9 Likes
Reward
9
7
Share
Comment
0/400
SignatureDenied
· 06-23 04:22
Is the pump really here? Perfectly missed it.
Reply0
pvt_key_collector
· 06-22 03:52
Ha! It's at the bottom again, isn't it?
Reply0
SchrodingerGas
· 06-22 03:52
350 moving average? It’s not that simple of a game model.
Reply0
GateUser-2fce706c
· 06-22 03:52
The trend is clear; I have long said that the starting point of the bull run is here! Brothers who entered a position early are about to ride the winds and break the waves.
Reply0
FUD_Whisperer
· 06-22 03:51
The market really dares to speak but not to act.
Reply0
zkProofInThePudding
· 06-22 03:50
Anyone can draw a chart, but human nature is hard to change.
Reply0
down_only_larry
· 06-22 03:47
If all the indicators are right, why am I still losing money?
According to the latest market analysis, the market share of USDT has reached a critical historical downtrend line. Looking back at past data, whenever the market share of USDT touches this critical level, it often coincides with Bitcoin adjusting to the 350-day moving average position. This combination of technical indicators is significant: it is likely to mark the end of the current adjustment cycle, and the market is about to welcome a strong rise.
It is worth noting that the recent views circulating in the market that compare the current situation with the downturns of last summer or the summer before that actually lack in-depth analysis and overly simplify historical patterns. The market is dynamically evolving, with each cycle having its unique characteristics, and simple analogies cannot accurately grasp the current market situation.
Current technical indicators suggest that we may be at the starting point of a new rise. Investors should closely monitor market changes and analyze rationally rather than blindly following market sentiment.