The negative slope in SSR oscillators (RSI/MACD) confirms that stablecoin supply is strengthening relative to Bitcoin.
While typically a bullish signal, when combined with price unresponsiveness, it tells a different story: Potential energy is rising but not converting into kinetic energy (price action).
This could be interpreted as market makers being willing to provide liquidity at discounted zones rather than current levels. Cautious optimism should be maintained.
Written by ChainSpan