According to external media comments, bitcoin has returned after a number of recent rebounds, with one of the more interesting signs behind it being a slowdown in the growth of the stable currency. The article argues that, in the absence of new off-site access, the growth of the encryption market is more likely to evolve into short-term repairs and to create a continuing trend.
Stabilizing currency growth slowing down.
The article mentions that the recent supply growth of USDT and USDC has been significantly slower than in the earlier period, which means that new capital flows to the encryption market have decreased. The increase in bitcoin in the past several rounds has often been accompanied by an expansion in the size of the stable currency, providing new buyouts to the market.
In this rotation, such support is not evident. According to the article, even if there was a rebound in Bitcoin, after a slowdown in stable currency growth, it was more likely that it would be subjected to new shocks.
The rebound lacks a continuous buyout
According to the article, when new liquidity is lacking, the upwards of prices rely more on speculative repositioning and headbacks than on a real demand rebound. Such increases are sometimes rapid but often difficult to sustain.
It follows that the recent rebound is more like a technical fix, rather than a starting point for a new upward trend. If the financial landscape does not improve, the market may continue to switch from rebound to fall.
The technology is still weak.
The article also mentioned that bitcoin had previously returned from the $80,000 region and was currently operating in the vicinity of $59,000 and was still below several major averages. When the 200-day average was close to May, the market showed signs of repair, but the sales were then again dominant.
In terms of kinetic energy indicators, the article states that RSI is still in a weak zone, indicating that the purchasing power has not significantly increased. Combined liquidity and price structures, the article concludes that the sustainability of the Bitcoin rebound remains under pressure until stable currency growth resumes.