Business finance is a merciless, emotionless realm where rules are nearly nonexistent! If you are part of a network, your influence is not insignificant!
The world of Decentralized Finance(DeFi) is worse than the one mentioned earlier because it is not regulated. Not yet!
Binance ($14B daily trading volume), Coinbase ($2.6B), Kraken ($1.1B) cannot exist without influence, let alone without a network! Different ecosystems, different development strategies, different “fiscal” strategies, but all leading to one result : mass adoption and total control!
When someone casts a shadow, there is always a solution to get rid of them. Worse, there is a desire to appropriate their business and publicly “bury” it to be sure.
You’ve understood it well! A decrease in stablecoin dominance simply means their use in investment, or rather their re-injection into Cryptoassets market !
There is nothing good, when we could identify a MarkUp, because mostly of definitive exits are going to make PA dive. But in this “b shape”, MM rushed price to seek it lower from the middle august, leaving a cocktail of FVG with some LQ
There is no real rules on the Cryptomarket, even if MM behaviour is modeled as “casual”. As we saw it on March 20, when markets collapsed, they withdrew LQ to cover their positions… Guess what will happen in the next BlackSwan ?
ANYWAY, we need to see at least 10.75% (mid range of the failed structure) to BUILD and target any LH for Crypto!).
A double TOP here will be the signal, Otherwise it will seek for a CHoCH
Just forget the noise and focus on technical analysis and your skills !
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