Looking at tether dominance - it's losing dominance which means other cryptos, whether it be BTC or ALTS, are going to see a rise in value. It doesn't necessarily mean USDT is flowing into those cryptos, but it means that other cryptos are rising in dominance.
Technically speaking, spot positions in alts are your best bet. Watch BTC dominance (hint - it's rising, too), however I think alts may be about to pop soon if BTC can stay above $18k.
USDT dominance will find some resistance later this year around 4.6% but breaking the lower trendline that has existed from the beginning of the tether dominance chart would be insanely bullish for crypto. It's a long time before that kicks in.
Technically speaking, spot positions in alts are your best bet. Watch BTC dominance (hint - it's rising, too), however I think alts may be about to pop soon if BTC can stay above $18k.
USDT dominance will find some resistance later this year around 4.6% but breaking the lower trendline that has existed from the beginning of the tether dominance chart would be insanely bullish for crypto. It's a long time before that kicks in.
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You're probably afraid to push that play button - I'll help you, USDT dominance has decreased about 1% since posting this only 4 days ago.
CE - BitDoctor
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CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
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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。