As Bitcoin presses against the $111 000 band, market optimism is mounting, and the data layer just served up an encouraging sign: a bullish crossover in the Stablecoin Supply Ratio (SSR) MACD. SSR gauges the market’s available “dry powder” by dividing Bitcoin’s market cap by the total stable-coin supply; when the ratio rises, fresh buying power is scarce. In recent weeks, SSR has already climbed to 18 —the top of its two-year range. Now the MACD has crossed above its signal line, a move that has historically preceded incoming liquidity and fresh rallies. While price is carving new highs, this “new fuel” signal is promising; still, unless we see expanding volume and SSR cooling back toward the 16–15 zone, the $113–115 k area looks attractive for profit-taking, whereas a weekly close below $99 k should be treated as a stop-loss trigger. Bottom line: a cautious-bull stance remains the most rational strategy in light of the data.
Written by SunflowrQuant
