CEO BITGET SIGNALS TO BUY BITCOIN

Gracy Chen, CEO of Bitget, has just shared an important technical indicator showing that the cryptocurrency market is entering an ideal buying zone for long-term investors.

- The Bitget research team has focused on a key measure: The Crypto Market Cap to Stablecoin Market Cap Ratio.

1. Essentially, this indicator reflects the correlation between:

- Potential buying power: The amount of Stablecoin (cash) available in the hands of investors.

- Market size: The total value of cryptocurrencies that this cash flow can be poured into.

2. Based on historical testing data, @GracyBitget has set two important benchmarks to determine action:

- BUY Signal

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: When this ratio is less than 11. This means that the amount of cash waiting is significantly large compared to the market cap, ready to push prices up.

- SELL Signal

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: When this ratio is greater than 15. At this point, the market cap has become too large compared to the available cash reserves, signaling a high risk of correction.

3. Current status: Buying opportunity?

- Currently, this indicator is at 10.28. According to the strategy above, the market is currently in the Buy Signal zone.

- What are your thoughts?