Cryptorphic

#USDTether Your Altcoins are Dumping? What to do?

CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %

Let's analyze:

Dominance Update: Even though Altcoins aren't reacting as expected while BTC remains relatively stable, Tether (USDT) is in a tricky spot.

The uncertain situation, often called the "grey area," is holding things together for now to some extent. If the dominance goes above 6%, it could signal a trend reversal.
Keep a close eye on this chart – it's like your crystal ball for market insights.

For the current trend to continue, we need a rejection at this level.
Breaking through won't be easy, but it's possible.
Stay alert for signs that support or challenge this analysis.
DYOR, NFA

#BitcoinETFs #Bitcoin

Do hit the like button to support my content/

Thank you

#PEACE

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.