Binance Low Stablecoin Ratio Mean Say Bitcoin Fit Rise
Binance Exchange Stablecoins Ratio (ESR) don drop sharp sharp, e mean say plenty stablecoin reserve dey ready to put for Bitcoin. Di low Binance stablecoin ratio na important metric for check buying power. Bitcoin dey hold above $115,000, di low ESR show say big buying liquidity dey Binance. If traders convert dis stablecoins to Bitcoin, price fit trend up. But if ESR bounce back pass 0.000010, e fit mean say momentum slow down or short-term correction dey come. Volatile inflows and outflows plus cross-chain transfers for Tron and Ethereum don cause di recent ESR wahala. Technical analysis dey warn say double-top fit form wey fit start distribution phase, dey stop rallies. But expected change go quantitative easing and rate cuts for 2025 fit carry support for Bitcoin long-term bullish trend. Dis strong Binance stablecoin reserve join supportive macro backdrop dey create bullish outlook, but traders suppose dey watch ESR plus key price levels for possible reversal.
Bullish
Binance low Exchange Stablecoins Ratio (ESR) mean say dem get plenty stablecoin wey dem fit use anytime, dis kain thing dey usually before Bitcoin price go up, like di big USDT wey enter market during di 2020-21 bull run. Plus, Bitcoin dey hold well above $115,000, dis show say buying pressure strong. Also, di expected way things go shift back to quantitative easing and rate cut for 2025 mean say liquidity go increase on a macro level wey no dey during 2021 peak. Even though di current technical fit get warning say double-top distribution fit happen, di plenty stablecoin liquidity plus di positive macro outlook dey show say price fit still go higher. For short term, traders suppose dey watch ESR plus important resistance levels to know wen to enter, while di long term trend go benefit from good monetary policy and strong buying power on exchange.