Volatility occurs in funds in the coin market

2023年8月15日

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(USDT 1D chart)


(USDC 1D chart)


(BTC.D 1D chart)


(USDT.D 1D chart)


The volatility shown 2 days ago has been corrected and appears to be displayed correctly.

In this way, market cap charts are often displayed properly after at least 1-2 days have elapsed.


- USDT turned from falling to rising,

- USDC is still on a downtrend,

- BTC dominance shifted from gap down to up,

- USDT dominance also shifted from falling to rising in the gap.


We believe that gaps in the USDT and USDC charts are caused by the inflow or outflow of funds into the coin market.


BTC dominance and USDT dominance can also cause gaps.

However, the dominance chart believes that trends are more important than the occurrence of gaps.

Accordingly,

The upward trend in BTC dominance means that the money in the coin market is concentrating towards BTC.

When funds are concentrated towards BTC
1. When funds are concentrated as the BTC price rises
2. If the BTC price falls, but the fall of the altcoin is greater than the fall
Cases 1 and 2 above.

Therefore, I believe that BTC dominance shows the movement of funds in altcoins rather than movements in BTC.

Therefore, it can be inferred that BTC dominance must be in a downtrend to buy an altcoin.

BTC dominance is expected to rise to around 61.73 from a mid- to long-term perspective, so caution is required when trading altcoins.


USDT dominance must show an unconditional downward trend, so the coin market as a whole is likely to show an upward trend.

Therefore, it is time to start trading when USDT dominance begins to decline.

No matter how much the USDT dominance continues to rise, it creates waves, so trading is possible according to the waves.

Currently, USDT dominance is showing a rise above 7.14-7.39.

So, a support around 7.39 could lead to a rise above 8.12.


Changes in the trend of the coin market are expected as we have seen changes in the money in the coin market.

We would appreciate it if you could refer to the BTC chart description for the timing of the change.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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2023年8月16日

註釋

(USDT 1D chart)


(USDC 1D chart)


(BTC.D 1D chart)


(USDT.D 1D chart)


On the USDT chart, a gap decline appears to have occurred.

However, market cap charts often take at least 1-2 days to reflect the correct value, so we have to wait.

USDT's gap decline is seen as a phenomenon of funds leaking into the coin market.

2023年8月18日

註釋

(USDT 1D chart)


(USDC 1D chart)


(BTC.D 1D chart)


(USDT.D 1D chart)



Due to the large volatility of the coin market, it seems that collecting and calculating information is taking time.

Therefore, it is necessary to wait until normal service is provided.

However, it seems that the volatility of the currently displayed USDT chart has fallen more than the range of previous fluctuations.

I think the section where the coin market has entered a downtrend or recession is when it falls below 81.839B.

Therefore, the current large volatility is understood to be due to the current time of profit realization as mentioned previously.


If USDT goes through the volatility of the coin market this time and shows an upward trend again, it is expected that a big rise that has not been seen before will begin.