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Crypto Total Market Cap Excluding BTC and Stablecoins, $
Short

Macro downturn

23

  • Crypto currencies excl stables and Bitcoin are the purest indicator for market liquidity.
  • This market crossed up the 20 MMA in Oct 2023.
  • After trying to hold the line for 2 past months, it is now clearly breaching it.
  • Since this indicator is also a barometer of market liquidity, unless it manages to close above soon, within this month and hold, expect a macro downturn.
xTako
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Supply and DemandSupport and Resistance

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Supply and DemandSupport and Resistance
xTako
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.