This article introduces a practical analytical framework—“Crypto M2”—to examine the current liquidity landscape.
Author: Andjela Radmilac
Translated and edited by TechFlow
TechFlow Introduction: The total market capitalization of stablecoins has surpassed $300 billion—but has declined by 1.13% over the past 30 days. This seemingly modest figure may signal the onset of Bitcoin’s next sharp price volatility. This article introduces the “crypto M2” framework to systematically unpack how stablecoin supply determines the market’s resilience—and which metrics traders should monitor. For understanding today’s liquidity landscape, this piece offers a practical analytical methodology.

Stablecoin supply represents the…







