You’ve understood it well! A decrease in stablecoin dominance simply means their use in investment, or rather their re-injection into Cryptoassets market !
What we have consider as a BackUp few charts above, could be called a Spring, with a pull back on the MidRange (as luck would have it on 0.618 Fibo retracement!) – LPS. And once again, it JAC, plus 3 taps on 0.618.
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
Gold plays an important role in this multi-polarization. The BRICS need the precious metal to support their currencies and shift away from the U.S. dollar, which has served as the global foreign reserve currency for about a century.
Just forget the noise and focus on technical analysis and your skills !
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