Money flooding the market, but...

2023年5月14日

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(USDT chart)

The declared price (ATH) has been updated.

Therefore, more funds are being concentrated in the coin market.

This concentration of funds will eventually increase the coin market.

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(USDC chart)

However, the problem is that USDC has no power to start an uptrend due to the outflow of funds.


USDT believes that individual investors' funds and Chinese funds account for a large proportion.

I think USDC is likely to be funds from American institutional investors.

Therefore, I think that the current coin market is being influenced by American capital.

Therefore, it is expected that the coin market will start to rise only when USDC turns upward.

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(BTC.D chart)

BTC dominance remains bullish.

This decline is starting to show that the Bollinger bands on the 1D chart are contracting.

Therefore, the trend is expected to be determined by whether it finds support or resistance around 47.64.


Since a lot of money is flowing into the coin market through USDT, the coin market is expected to rise.

That uptrend is expected to lead to an uptrend in BTC going forward.

Therefore, BTC dominance is expected to remain bullish.


Rising BTC dominance means funds are concentrated towards BTC, making altcoins more likely to move sideways or trend down.

Therefore, if you currently place a lot of weight on altcoins, you should think about countermeasures.

This phenomenon is expected to continue until BTC nears 43K.

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(USDT.D chart)

Whether funds flow in or out of the coin market, whether the inflow is concentrated towards BTC or altcoins, what matters now is whether USDT dominance is rising or falling.


USDT is supported by all exchanges in the world and is a stablecoin.

Therefore, USDT trading pairs have a great influence because most coins (tokens) are traded in the market.


In this sense, we believe that the rise and fall of USDT dominance reflects the influence of the overall flow of the coin market.


An increase in USDT dominance means that it is likely to proceed with a decline in the coin market.

Conversely, a drop in USDT dominance means that it is likely to lead to an uptrend in the coin market.


This movement can be useful when trading in the coin market.


The question is whether the volatility between May 15th and 17th can lead to a move out of the 7.27-7.86 zone.

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Summarizing the above,

The coin market appears to be on an uptrend.

However, you are not waiting for the starting signal at the starting line.


Therefore, you need to warm up well so that you can make a proper start when you are waiting for the starting signal at the starting line.


A bullish start is the rise of BTC, which will lead the coin market to an uptrend, which will cause most altcoins to move sideways or downtrend.

However, when BTC rises and moves sideways, it is expected that there will be an increase in altcoins, but be careful when trading altcoins because this upward trend is to buy more BTC.


If BTC continues its uptrend, you will naturally look towards altcoins because you think the BTC price is too high.

This mentality leads to buying altcoins, which is likely to result in losses.

This is because it is thought that only the altcoin I bought will not rise.

Therefore, in order to proceed with buying altcoins, you must be able to continue buying over a long period of time.

If not, buying an altcoin now means incurring a potential loss.


Well, if you can buy it and hold it until next year, it will be different.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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2023年5月16日

注释

(USDT.D chart)

It rose out of the 6.85-7.27 section.

Therefore, it is necessary to check whether it can rise above 7.86-8.25 or fall below 7.27 again.

Looking at the current trend, we can see that it is maintaining an upward trend.

This uptrend is evidenced by the StochRSI indicator on each time frame chart (1M, 1W, 1D).

The StochRSI indicator on the 1M chart is located in the oversold zone, indicating that it is in the low zone.

However, the downtrend should be considered strong as the StochRSI indicator did not turn into an uptrend.

Since the StochRSI indicator has turned horizontal to the downside, I expect it to turn into a bullish sign sooner or later.


The StochRSI indicator on the 1W chart is located in the overbought zone.

Therefore, it can be seen that the rising intensity is strong.

Also, unlike the StochRSI indicator on the 1M chart, it is not yet showing signs of turning from rising to horizontal, so it can be seen that the strength of the uptrend is far superior.

Therefore, it is necessary to identify where there is a resistance zone to reduce the strength of this rise.


The StochRSI indicator on the 1D chart has moved out of the overbought zone and entered the maintenance and sideways zone.

So, we expect to break the balance with a move out of the current zone, around 7.52, and out of the 7.27-7.86 zone.


Summarizing the flow of the StochRSI indicator on each time frame chart mentioned above, we need to see if the 7.86-8.25 section can act as a resistance section.

Also, it is necessary to check whether it can fall below 6.85-7.27.

This is because if it rises above the 7.86-8.25 range, the coin market is expected to show a sharp decline.