Analyst: Two key liquidity indicators both point to market weakness, and the 'SSR 90 day oscillation indicator' will stand above the zero axis and usher in a true reversal

BlockBeats News: On February 12th, cryptocurrency analyst Axel posted that two key liquidity indicators both point to market weakness. The "Bitcoin: Stablecoins Supply Ratio (SSR) 90 Day Oscillation Indicator" briefly returned to positive in January and fell back into the negative range (currently -0.15). The 30 day change in USDT market value has fallen to -2.87 billion US dollars, confirming that liquidity is continuously flowing out of the ecosystem. Axel pointed out that in mid January, the "SSR 90 day oscillation index" briefly hit+0.057, and the USDT market value rebounded to+1.4 billion US dollars in 30 days, accompanied by a brief breakthrough of 95000 US dollars for Bitcoin. However, "neither of these signals have been able to establish a foothold" - by February, the "SSR 90 day oscillation indicator" had turned negative again, and Bitcoin had retreated to $67000. January was a tentative attempt at repair, and February was the failure of this attempt, "Axel said. The six-month dominant period in the" pink zone "indicates that Bitcoin continues to be weak relative to stablecoins, and the market has returned to a risk averse pattern. He emphasized that the true mid-term reversal signal is when the 'SSR 90 day oscillation indicator' returns above the zero axis and stabilizes in the green zone for at least 2-3 weeks. Prior to this, every rebound should be considered a high volatility trap.