Deep Tide TechFlow News, on November 18, Matrixport released today's chart stating that the current strongest bullish signal comes from the 7-day stablecoin minting indicator, which measures the scale of fiat currency inflows into stablecoins over a 7-day rolling period. Compared to previous periods, this indicator has nearly doubled, showing an exceptionally strong demand for cryptocurrencies in the market, while large amounts of new capital are pouring into the market.
Although prices may rise sharply under very little selling pressure, the stablecoin minting indicator further indicates that large amounts of new funds are flowing into the market. Historical data shows that the first quarter has the strongest inflows, suggesting that larger-scale capital inflows may still take weeks, further enhancing the continued upward potential of prices.
