One thing that's really fun to watch:
$RMV has been tracking Global Net Liquidity almost perfectly.
Yes,
$BTC and
$ETH moved higher too, but nowhere near the extent that Global Net Liquidity would have suggested.
@Realitymeta $RMV actually behaved exactly how you'd expect an asset to behave in a liquidity-driven environment.
Interesting. ๐
One could almost start thinking that tokens not listed on the major exchanges tend to follow normal market structure a whole lot better. ๐
By the way the orange line on my chart is the Global Net Liquidity. That's something else than M2. You can find the indicator on tradingview.
The one named Trail2Crypto is the right one. I made it so you can give an off-set. Set it to about 100 days and you're golden.