TUSD/USDT pair has been acting a little bit like a fear index recently.
As you can see whenever BTC takes a tumble the aforementioned pair usually spikes upward. This shows that the market has very little liquidity and proves the weakness of the tether stable coin.
TUSDT/USDT is trending up after some big spikes now possibly looking to do it again.
If btc recovers I expect it to go back to 1:1 ratio.
with very negative momentum and big support broken at 5800, possibly looking to test 3k region here.
As you can see whenever BTC takes a tumble the aforementioned pair usually spikes upward. This shows that the market has very little liquidity and proves the weakness of the tether stable coin.
TUSDT/USDT is trending up after some big spikes now possibly looking to do it again.
If btc recovers I expect it to go back to 1:1 ratio.
with very negative momentum and big support broken at 5800, possibly looking to test 3k region here.
