Read this article to find out whether today's market rally can sustain in the long term.
Analysis and evaluation of today's market rally
Today's market push largely stems from $USDT balances on the two L&B platforms, #AAVE and #Morpho.
Analysis and a look back at the past of the two balance lines on the L&B platform:
#Compound: When the green line breaks below 0 and shows signs of flattening underneath, it indicates that funds are flowing directly into the market. We can observe this during the period from mid-November to the end of December last year (image).
#AAVE: The pink line is currently recording a rapid and sudden decline, indicating that funds from #AAVE are also being strongly withdrawn to push market prices. In all three previous instances when this line dropped suddenly, the market experienced short- and medium-term rallies (image).
However, for the market to rise strongly and remain stable in the long term, both of these lines need to flatten below 0 for an extended period. Currently, only the Compound line confirms this; let's wait and see the reaction from the #AAVE line.
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