Crypto Dan
Comparison of the March 2024 Correction and the Current Market
The amount of stablecoins supplied to the market can be interpreted as "potential buying pressure." During the correction period from March to October 2024, the supply of stablecoins actually showed a slight decrease, and the duration of the correction was extended. In the current correction phase, the supply of stablecoins, which can be interpreted as potential buying pressure, is trending upwards. The current market is in a state where it is ready to rise quickly whenever strong catalysts emerge. In the investment market, patience is always essential. It is still too early to confirm that the upward cycle has ended, and the situation remains one worth waiting for.