BTCUSDT Analysis by intothecryptoverse

The video discusses the Stablecoin Supply Ratio Oscillator (SSRO) metric, indicating its occasional spikes to around three or four. It highlights that when the SSRO spikes, even if it tops the market can continue to go higher for a while before the market top. The presenter notes that in the current market cycle, it appears that the SSRO is forming double tops. He mentions previous market cycles where the SSRO did not have a double top and the current market cycle is all about the double tops on the SSRO. The video explains that the Stablecoin Supply Ratio (SSR) is equal to Bitcoin's market cap divided by the Stablecoin market cap, using the ratio to quantify the extent of stablecoin buying power. An example is given, SSR of 10 means that stablecoins can potentially buy 1/10 of Bitcoin's supply. The presenter indicates that a low SSR or decreasing SSR indicates the buying power of Bitcoin is higher, and a high SSR means a weaker buying power. It concludes that the SSR is used as a tool to evaluate the potential of stablecoins to move Bitcoin's price.