Cash Flow and BTC, ETH Chart InterpretationBitcoin / TetherUSBINANCE:BTCUSDTreadCrypto Hello? Nice to meet you, fellow traders. If you "follow" me, you can always get new information quickly. Have a great day today. ------------------------------------ While the ways for individual traders to understand the flow of funds in the coin market are extremely limited, there is a flow of funds that cannot be hidden. It is the movement of USDT and USDC. I believe that if USDT or USDC gaps up, capital flows into the coin market, and if they gap down, capital flows out. I believe that if the candle is a bullish candle, selling pressure is dominant in the coin market, and if it is a bearish candle, buying pressure is dominant. However, since I believe that observing the movements of USDT or USDC charts for about 1 to 3 days is necessary to obtain accurate information, it is better to look at the trend. USDT is capital used by people worldwide and has a significant impact on the coin market, while USDC is US-based capital and is considered to have a short-term impact. Therefore, even if a large amount of capital flows in through USDC, if USDT shows sideways movement or a decline, I believe it is highly likely to close at a price level of defense or with a weak upward trend. Currently, since USDC has renewed its all-time high (ATH), I believe a large amount of capital has flowed in through USDC. However, because USDT is currently showing a weak decline and sideways movement, I think the current movement of the coin market is ambiguous. When USDT consolidates or shows a weak downtrend following a significant rise, the BSSC indicator tends to drop below the zero point. There have been instances of this pattern observed in past data as well. Once again, we need to examine whether it can find support around 183.92B and rise. We can confirm that it is rising after encountering the HA-Low indicator. Therefore, since it encountered the HA-Low indicator again, it is evident that support around 185.3B, the point corresponding to the HA-Low indicator, is crucial. Please refer to the section below, where an explanation regarding the forecast that the coin market uptrend will begin in July has been attached. - To check the movements of funds flowing into the cryptocurrency market, you can get a brief overview by examining BTC Dominance (BTC.D) and USDT Dominance (USDT.D). Since funds are currently showing a weak downtrend or sideways movement, I believe it is best for the BTC.D and USDT.D charts to also show a sideways trend. However, as USDT Dominance is showing an upward trend, it is highly likely that the cryptocurrency market will show a downward trend. In this situation, for the cryptocurrency market to resume an uptrend, BTC Dominance must rise and USDT Dominance must fall. Ultimately, I believe the price of BTC must start to drive the cryptocurrency market. Therefore, when BTC Dominance rises above 62.47 and then falls, USDT Dominance must also show a downward trend. For the cryptocurrency market to enter a bull market, following the movements mentioned above: - BTC dominance must fall below 55.01 and maintain it, or show a downward trend. - USDT dominance must fall below 4.915 and maintain it, or show a downward trend. ------------------------------ (BTCUSDT / ETHUSDT 1D Chart) I believe the period around March 23 (March 22–24) corresponds to a critical period of volatility. This is because the trend is likely to be determined by the movements observed after this period of volatility. Looking at the BTCUSDT chart, the key question is whether it can find support and rise near the 69000.0–73499.86 range, which is a critical area for chart analysis. From a trading perspective, the range of 64,058.15 to 67,720.67 corresponds to a short-term low point; therefore, if the price finds support near this zone, it indicates a buying opportunity. However, since the HA-Low indicator on the 1W chart was generated at 71,058.26, there is a possibility of an uptrend only if the price rises above this point and shows signs of support. As the short-term high was formed at 73,909.36, a full-scale uptrend is expected to be possible only after rising above 73,909.36. Since all of these movements are below the M-Signal indicator on the 1M chart, it is advisable to proceed with trading from a day trading perspective. Ultimately, time is required for a mid-to-long-term uptrend to begin, as the price must maintain a level above the M-Signal indicator on the 1M chart. - Looking at the ETHUSDT chart, the period of volatility following around March 23rd is around April 2nd. Therefore, the movement between around March 23 and April 2 is important. Since the HA-Low indicator on the 1W chart was generated at the 2111.42 point, whether support is found in this vicinity is ultimately the key factor. The short-term low zone is formed between 1851.94 and 1964.96, so if the price falls, you must check whether it receives support near this area. I believe the zone between 1597.76 and 1851.94 is a critical area serving as a boundary between uptrends and downtrends in the mid-to-long term. Therefore, to sustain an uptrend in the mid-to-long term, the price must be maintained above the 1597.76 to 1851.94 range. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- (The coin market is expected to start its uptrend in July) - - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) ------------------------------------------------------