In the Crypto market, the unofficial central bank that every Trader must watch is Tether. Tracking Tether Treasury activity is the most fundamental and effective money flow indicator to determine if the market is being injected with blood or drained.
๐ธ How does new money enter the market?
When you see Whale Alert notify 1,000,000,000 USDT has been minted at Tether Treasury, it means a large institution or exchange has just deposited $1 billion in cash or equivalent to Tether in exchange for USDT.
๐ Buying Demand is rising. Capital has been deposited.
This newly minted USDT moves from the Treasury to major exchanges. ๐The money is ready for buy.
๐ธ Many mistakenly believe price pumps immediately after printing. Not so.
Statistics show there is often a lag of 7 to 10 days following massive prints over $1 billion before Bitcoin price reacts strongly.
Whales need time to spread out buy orders to avoid pumping the price too fast.
๐น In Crypto, the mantra is Do not fight Tether.
When the printer is running at full capacity and Stablecoin Market Cap goes vertical, the Bulls are in absolute control.
Do not foolishly Short at this time just because RSI is overbought. Fresh Capital has the power to break through all technical resistance.
Do you have a habit of checking if Stablecoin Market Cap is rising or falling before deciding to deploy capital?
News is for reference, not investment advice. Please read carefully before making a decision.
