#UkraineRussiaCeasefire

Many people think that the market has fallen into a downtrend, but is that true? 🆕🆕🆕

Total Stablecoins Market Cap is still increasing very strongly, in the past 7 days alone it has increased by 6 billion USD.

Obviously, the money flow from big players is still flowing into the market and there is no sign of withdrawal.

Only when Total Stablecoins Market Cap suddenly drops sharply like on May 4, 2022, will it be scary, confirming that the house is withdrawing liquidity.

$BTC has decreased by 60% since then.

Currently, the money flow is being added more and more, not withdrawn.

The number of stablecoins that MMs have deposited on the exchange is quite large at the beginning of this year, you can observe in the picture.

The reason why altcoins are not as expected is because the cash flow pushing $BTC this season mainly comes from ETFs, they make a profit by selling USD and not transferring cash flow to buy altcoins.

The cash flow pushing altcoins can only come from newbies, and this season it is too little and too weak.

In short, it is too early to judge that the market has entered a downtrend at the moment.