USDT Dominance: The Breakdown is must!

USDT Dominance is finally at its breakdown point, and this week’s close will provide more clarity about the market.

A weekly close below the support trendline will likely drop USDT.D to 3.8%, allowing BTC and other altcoins to rally higher. On the other hand, a close above the support trendline could be concerning for the market.

I expect USDT Dominance to drop to 3.8% and potentially rebound to 4.6%–4.8%.

Let’s see how the coming week unfolds.

Trade safely.