Judging the top area
Since there have been statistics in 2019
The indicator of stablecoin dominance has never been missed
Including the small bull tops in 2019 and 20, and the first bull top in 2021
The second bull top in 2021 ended before the liquidity was exhausted
In addition, there was the small bull top in March this year
So if it is wrong this time, there is nothing to say, and it cannot be used as a reference in the future.
Because there are US stock ETFs this year, any variables are possible.
In addition, stablecoins are also constantly being issued to improve liquidity, and these variables are not considered.
In any case, let's look at the bull top according to this indicator for now
It means that above 85 is close to exhaustion, and it is allowed to forcefully pull 10,000 points to 95
Qimen sees that there will be another week of growth next week, probably until the end of the month
So I don't cover my short position at the moment
Take it to the end of the month, probably from the 26th to the 29th
If it goes out at a high point, cover it again
Then wait for the daily line to pull back and then sell it again.
Because even the 21 bull market, the daily line has also pulled back to the lower track one month after the start.
The above! $BTC