First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
To be honest with you, the market is in terrible condition. Buying pressure on Tether dominance is high. The recent pumps in altcoins were mainly to liquidate short positions; otherwise, the overall trend for altcoins remains bearish.
Tether dominance seems to be aiming to hunt higher supply zones. In high-volume altcoins like Ethereum, key levels have been lost, so we can rely on this Tether dominance analysis.
We will either move up from this area or from the green lines.
This move may take several months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
To be honest with you, the market is in terrible condition. Buying pressure on Tether dominance is high. The recent pumps in altcoins were mainly to liquidate short positions; otherwise, the overall trend for altcoins remains bearish.
Tether dominance seems to be aiming to hunt higher supply zones. In high-volume altcoins like Ethereum, key levels have been lost, so we can rely on this Tether dominance analysis.
We will either move up from this area or from the green lines.
This move may take several months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
トレード稼働中
Another precise insight from the BehDark team. This index has pumped over 13%.The analysis will be updated soon
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。