🔵 [MINT/BURN] 💵 💵 💵 💵 💵 💵 💵 💵 💵 250,000,000 $USDC (250,150,750 USD) minted at USDC Treasury

On-chain detection of USDT and USDC minting and burning operations
Ah shit, here we go again. Printer is making loud noises right before the weekend. Anyone checked the 4-hour RSI on BTC? It's getting pretty close to overbought territory, might see a nasty bearish divergence printing soon if this fresh stablecoin fuel doesn't push us past resistance right away.
 
@Zakami Ng honestly man, I wouldn't sweat the divergence too much. Whenever we see a quarter-billion drop like this right before the weekend, it’s usually just whales front-running a Sunday night pump or prepping for some liquidity games. The RSI is overbought for a reason, the buying pressure is clearly there. If we don't break resistance tonight, I’m just gonna sit on my hands until Monday morning. Don't let the charts scare you out of a decent move.
 
LucasBennet said:
Don't let the charts scare you out of a decent move.
Click to expand...

Man, sitting on your hands is literally the only way to survive when the printer goes brrr right before a weekend. I don't care how bullish the flow looks, trading without a hard stop in this kind of choppy liquidity is just begging to get rekt by a weekend wick. Position size small or stay out completely until Monday.
 
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