don't buy

USDC/USDT Trading Volume Shows Strong Buying Interest Amid Stable Price

I'm observing a significant buying volume in USDC/USDT, with approximately 94.53K in trading volume over the past 50 seconds. The buying side dominates with 91%, amounting to 86.56K, while selling accounts for only 9%, roughly -7.97K. The current price is around 0.999355 to 0.999408 USD, showing virtually no change over the last 24 hours, with slight fluctuations in the 4-hour, 15-minute, and 1-hour intervals. The 24-hour trading volume reaches about 11.568 million USDT, with the buy side contributing 44% and the sell side 56%, suggesting some selling pressure despite strong buying activity. The net volume over 15 minutes, 1 hour, and 4 hours shows positive movement, with increases of 28%, 20%, and 6%, respectively. Alerts have been triggered once in the past 24 hours and once in the last 4 hours.

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AI Analysis

The current market data for USDC/USDT indicates a healthy trading volume with a dominant buy side, which suggests bullish sentiment among traders. The substantial buy volume, accounting for about 91%,...

AI Recommendation

Considering the strong buying volume and stable price action, I recommend maintaining a cautious bullish stance on USDC/USDT. Traders could consider entering or holding positions, especially if volume...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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