Indicator Overview

The Stablecoin 60-Day % Change indicator captures medium-term momentum in stablecoin supply growth by calculating the percentage change in the combined market capitalisation of major stablecoins (primarily USDT and USDC) over the past 60 days. It presents this net percentage change as a smoothed line overlaid with Bitcoin’s price on a secondary logarithmic axis, featuring a dynamic gradient color scheme that shifts from deep red (strong contraction) through white (near neutral) to vibrant green (robust expansion up to +30% or higher). This metric acts as a vital barometer for sustained capital inflows or outflows, where extended positive growth often signals building liquidity and institutional preparedness for broader crypto market advances.

How To Use

Prolonged green segments indicate accelerating or sustained stablecoin issuance, frequently preceding major bull phases as fresh capital accumulates on the sidelines ready for deployment into risk assets. Red segments reflect decelerating growth or net redemptions, commonly warning of reduced buying power and potential market tops or corrections. The zero line serves as a pivotal reference: sustained moves above it confirm constructive liquidity trends, while crossings below suggest caution. Traders can interpret extreme green zones as confirmation for long exposure and red extremes for profit-taking or defensive positioning. Optional SMA/EMA overlays help distinguish noise from meaningful trends. Investors treat consistent positive 60-day momentum as a macro bullish backdrop for Bitcoin and altcoin cycles, using this indicator to assess the underlying health of market liquidity and capital rotation over multi-month horizons.