"USDT Dominance Analysis: Potential Reversal from Key Support"

On the 4-hour chart, USDT Dominance recently tested the key support box around 3.73% - 3.75%, which has acted as a strong demand zone in the past. After a bounce from this level, USDT.D has risen by approximately 17% over the past few sessions, signaling a potential shift in market sentiment.

Key Observations:
Support Zone: The 3.73% - 3.75% range continues to serve as a significant level where buyers step in, pushing the dominance higher.
Current Resistance: Watch out for the 4.40% - 4.50% range, as it could act as a short-term resistance zone.
What It Means for the Market:
A rising USDT dominance typically indicates increasing market caution, as traders move funds into stablecoins.
If USDT.D continues upward, we might see further corrections or consolidation in major crypto assets like BTC and ETH.
Conversely, a rejection near resistance could signal a return of bullish momentum in the broader crypto market.
Outlook: Monitor the resistance zone closely for potential reversal signals. A breakout above could indicate continued risk-off behavior, while a rejection may encourage a move back toward the support zone.