SSR Oscillator Bitcoin – Stablecoin Relative Strength
The SSR oscillator, or Stablecoin Supply Ratio oscillator, is a technical indicator used to measure the purchasing power of stablecoins relative to Bitcoin's market capitalization. The indicator is calculated by dividing Bitcoin's market capitalization by the total supply of stablecoins.
When the SSR oscillator is at a low reading, it indicates that the total supply of stablecoins is high relative to Bitcoin's market capitalization, which can be interpreted as a sign of increased buying power for stablecoins. Conversely, when the SSR oscillator is at a high reading, it suggests that Bitcoin's market capitalization is high relative to the total supply of stablecoins, which could indicate increased selling pressure for stablecoins.
Traders and investors use the SSR oscillator as a tool for analyzing market trends and making trading decisions. By tracking changes in the ratio between Bitcoin's market capitalization and stablecoin supply, they can gain insights into shifts in market sentiment and investor behavior, which can inform their trading strategies.