đ” Important Market Alpha:- USDT Supply Signal Matches 2022 Bottom
The USDT 60-day Market Cap change has just plunged by over -$3B. This is a significant level because we haven't seen a contraction this deep since the Bitcoin bottom in late 2022.
Why this matters:
1. Liquidity Flush: Tether supply usually contracts during massive reset periods.
2. Historical Precedent: The last time we hit this -$3B threshold, it marked the end of the bear market and the start of a massive recovery.
3. Contrarian Signal: While the chart shows price weakness, this level of supply drain often signals that the selling exhaustion is peaking.
We are currently hovering around the $62-66k mark. If history repeats, the smart money is preparing for the next leg up. đđ