Exchange Stablecoins Ratio at the lowest level since March 2023 

Exchange-Stablecoins-Ratio-at-the-lowest-level-since-March-2023

While less than a month left until the Bitcoin halving, Bitcoin is fluctuating between $62,000 and $73,000. Although from the point of view of technical analysis, the direction of the breakout of this range will indicate the future trend of Bitcoin, but the analysis of the Exchange Stablecoins Ratio shows that the selling pressure is at its lowest level since March 2023. This issue shows the possibility of break-up of the swing range at the same time as halving.