Data shows a significant shift in liquidity direction within the crypto market for stablecoins over the past 30 days, with both USDT and USDC recording negative readings, reflecting a clear state of hesitation from capital.
Key Figures:
USDT: -0.06%
USDC: -0.03%
Current supply:
USDT: about 184 billion dollars
USDC: towards 73 billion dollars
(Stability of supply without significant expansion)
Market significance
A decline in the growth of stablecoins or their stabilization often indicates a decrease in the pace of new liquidity entering the market, a pattern typically observed during periods of uncertainty or anticipation. In such cases, the market becomes more sensitive to sudden price movements, especially with weak depth and liquidity.
General situation:
The overall scene (Macro) remains neutral so far.
Markets are focusing on U.S. employment data (NFP)
Eitherconfirmation of weakness and volatility,
or stimulating new liquidity flow if the data supports risk-taking.
the anticipated data, which may play a pivotal role in determining the next trajectory
Summary:
The market is going through a phase of delicate anticipation, with cautious liquidity and a high response to any upcoming economic variables. Monitoring macro data over the next few hours will be a crucial factor in clarifying the direction.
