$USDT Dominance Breakout + Retest

271
This USDT dominance weekly chart honestly looks bullish, and that’s kinda bad news for the crypto market.

If this move is a true breakout + retest, then the follow-through expansion isn’t a great sign for Bitcoin. It’s the kind of structure you see when risk-off starts creeping in and liquidity shifts away from crypto.

The 6% zone is the key level I’m watching here. It already flipped into support, and as long as it holds as a base, it keeps the higher timeframe trend intact.

If we continue building above it, I think the next big move is BTC running liquidity and sweeping the 80k low.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.