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Everyone is chasing the pumps while this is quietly telling a different story.
It’s just $USDC /USDT, but look at the volatility we’ve had lately. We saw a dip down to 0.99911 followed by a steady climb back toward the peg.
The chart shows we are currently battling some minor resistance around the 0.99970 level. If you look at the order book, the bids are actually stacking up slightly higher than the tasks right now, showing some decent appetite even for stable pairs.
Most people ignore these charts, but they are the best indicator of where the actual liquidity is moving in the market.
Are you watching the stablecoin flows or just the green candles?
#WCTCTradingChallengeShare8MUSDT