"Charting the migration of traditional assets to blockchain shows clear parallels to stablecoin adoption patterns. Key resistance at previous ATHs ($120B TVL for DeFi) needs to break with volume to confirm trend continuation. RSI on weekly shows overbought conditions - healthy pullback to $90B would create better risk/reward entry. Watch ETH/BTC ratio for confirmation of chain demand. Bear case: failure to hold $80B support would invalidate the uptrend and signal prolonged consolidation." (28

Top comment by @ChartWhisperer

Explore the topic

More on Stablecoins

Comments