Market Cap USDT Dominance, %
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USDT Dominance Turns Bullish: Is a Major Crypto Sell-Off Ahead?👉 From my perspective, USDT Dominance has turned bullish and is currently trading above the critical 6.2% level. In my view, holding above this key area signals the potential for an upcoming bullish move toward 10.2%, which could put significant selling pressure on Bitcoin and the broader crypto market
USDT.D: 50-W MA Cracked — Macro Liquidity Rotating Toward 200WTether Dominance ( USDT.D ) has officially lost its primary intermediate trend filter, breaking down below both the 50-week moving average and the 7.00% structural shelf.
Following up on our macro crypto liquidity tracking: last week's hammer candle defense failed to generate follow-through, resolving into confirmed downside expansion.
• The Breakdown: The 50-week moving average (~7.13%) has failed as dynamic support. Price is now accepting value below the 6.99% horizontal pivot.
• Momentum Confluence: The multi-month bearish divergence on the weekly RSI is fully active and driving the tape. Weekly MACD histogram continues to expand into negative territory, indicating accelerating outflow momentum from stablecoins.
• The Macro Implication: Stablecoin dominance bleeding away from the 7.00%-8.55% distribution range signals that sideline dollar liquidity is actively re-deploying into spot crypto ( BTC , ETH ).
Structural Levels & Parameters:
• Bias: Bearish Dominance (Bullish Crypto Macro)
• Immediate Resistance / Invalidation: Reclaim of the 50W MA / weekly close > 7.15%
• Target 1 (Horizontal Support): 6.32% - 6.35%
• Target 2 (Macro Confluence Floor): ~6.15% (Rising 200-Week SMA)
• Cycle Floor: 5.47% (3-Month Support Block)
When stablecoins lose structural support, the risk-on bid takes the tape. Watching for continuation toward the 200-week moving average. ☕
USDT dominance may be approaching a turning pointUSDT Dominance (USDT.D) is widely used to gauge the direction of the broader crypto market. Most traders analyze it through technical patterns, support/resistance, trendlines, and other forms of classic TA.
Sometimes they work. Sometimes they don’t.
So I decided to run USDT.D through my VDS (Volume Divergence Scanner) with a configuration specifically adapted to this asset.
And the result is pretty damn interesting.
Yes, there is some noise on the 6H timeframe. But most of the signals appeared remarkably close to turning points.
I would treat them less as precise entry signals and more as alerts that a change in direction may be approaching .
There is another interesting detail in the historical data. In several cases, a second signal appeared shortly after the first one. While the initial reaction could be weak or noisy, the additional signal increased the significance of the setup, and in some cases a proper reversal followed.
And now we have another BUY signal on USDT.D.
If the historical behavior is any indication, this is definitely something I want to keep an eye on. A sustained reversal in USDT dominance could also translate into additional downside pressure across the crypto market.
Not a prediction. Just a signal worth watching. 🎯
VDS doesn’t tell you what must happen next. It tells you when the market deserves your attention.
USDT.D ChartAs we can see on the weekly chart we are pulling back to the area that counted as resistance 4 times as marked on the chart previously when USDT.D was below it.
Also weekly RSI is putting in lower lows and price is putting in higher lows which is a bullish divergence and we can't ignore it since the time frame is a Weekly chart. There is no way we'll be breaking a support which counted as resistance 4 times before.
My guess is that we'll have some consolidation or maybe a fake breakdown before shooting back up to the higher area marked on the chart. In my opinion a very big crash will happen soon.
Invalidation is if we break the current weekly support and close below it and only then the bull market will start and that's when I'll enter into BTC and ETH.
DYOR
Goodluck
USDT.D Update. USDT.D Update
USDT Dominance is showing a short-term rebound, with recent data around 4.69%, its highest level in roughly two months.
If USDT.D continues higher → risk assets, especially BTC/alts, may face pressure.
A rejection and move back down would be more supportive for crypto.
Key watch: USDT.D direction + BTC reaction.
DYOR | NFA
Tether Dominance Eyes 6.80% Retest Before Monthly Close RejectioTether Dominance: A Potential Retest of 6.80% Before Monthly Close
Tether Dominance (USDT.D) is currently trading around 6.43% on the daily timeframe, showing signs of a short-term recovery after a significant drop from the 8.00% region. The chart reveals a sharp decline followed by a consolidation phase, where the price is now attempting to push back up toward the 6.80% resistance level.
The Monthly Close Recovery and Retest Scenario
As we approach the monthly close, there is a growing possibility of a recovery in Tether Dominance. The current price action suggests that USDT.D is aiming to retest the 6.80% zone. However, the critical question is whether it can break through this resistance or if it will face a rejection. If the price touches this zone and gets rejected, it would confirm a "monthly close bounce" for Tether, which could be the final push before a continuation of its downtrend.
The Inverse Correlation with Bitcoin
It is crucial to remember that Tether Dominance and Bitcoin typically move in inverse correlation. When USDT.D rises (even temporarily), it usually indicates that capital is moving into stablecoins (risk-off sentiment), which puts downward pressure on Bitcoin and altcoins. Therefore, a retest and rejection at the 6.80% level for USDT.D could provide the necessary fuel for Bitcoin to resume its upward momentum.
Desk Notes:
Warning: The recovery is not confirmed. A daily close above 6.80% is needed to validate the bullish case for USDT.D; otherwise, a rejection is likely.
Info: Inverse correlation with BTC remains the primary driver. A rejection at 6.80% could cap Bitcoin's downside and trigger a rally.
Action: Monitor the 6.80% level closely. A touch and rejection here would likely signal a continuation of the downtrend for Tether and a potential rally for Bitcoin.
Crypto will not rise above 5.72% of stablecoins dominanceIf the stablecoin dominance forms an extended flat pattern on a minor degree, the chart cannot fall below the bottom of Wave 2 at 5.72%.
From current level, this still implies significant growth in cryptocurrency prices.In that the case, the price will bounce off levels above 5.72% and begin moving toward the 9.97% area.
There is a more bullish case, but it is not my base scenario.
We’ll discuss it if the 5.72% level fails to hold.
The targets for Doge remain the same; you can see the levels on the chart.
Wish you fat profits and calm night's sleep
USDT.D - Clarity Failed but Cash Succeeded With today's CLARITY Act not passing in the Senate, uncertainty and risk have entered the market once again. When this happens, one of my favorite things to check is stablecoin dominance, specifically Tether dominance (USDT.D), since it remains by far the largest stablecoin by marketcap.
Reviewing the Last Idea
To begin, I recommend going back through some of my recent USDT.D posts, but I want to build directly off this one:
In that post, I was pointing out how Tether dominance had reclaimed the channel, suggesting more cash was about to be deployed into the crypto markets, pushing USDT.D lower. Since then, things have changed, and I want to outline exactly what that looks like now.
The Primary Channel
First, take a look at this parallel channel. I have been tracking this structure since April of this year:
This channel has done a phenomenal job marking significant highs and lows, and what it has just done structurally is important to pay close attention to.
Dominance first broke back into the channel, after trading above it for a while, on August 21, 2026. USDT.D respected being back within the channel boundary, with several daily rejections below its upper line. Then, right at the beginning of September, USDT.D attempted to break back above the channel but failed, resuming respect for the upper boundary as resistance once again.
However, on September 9, 2026, something changed. Dominance decisively broke out back above the channel, and for the past week USDT.D has used the upper boundary of the parallel channel as a launching point to move to the upside.
What This Means Going Forward
Therefore, market participants are likely to continue this momentum by converting crypto back into cash. Given this breakout, the move will bring USDT.D back toward my green line around 8.15% to 8.25%. It is difficult to say exactly where this would put Bitcoin, but it would most likely be sub $70,000, so stay very vigilant heading into this.
Why the Structure Supports This Move
Another reason this breakout looks compelling for Tether dominance is where the recent lows formed. Many of those lows occurred right around old resistance from November 2021 (red arrow), which has now flipped into new support around the 6.75% dominance level (green arrows).
The MACD is also looking very strong and is likely to have a similar move to the two previous moves I have outlined with black arrows.
From a structural perspective, this setup looks strong for a push back toward the levels outlined above. The FOMC decision is tomorrow, so brace for significant volatility.
Teter Dominance AnalysisDominance Tether is at the end of its fourth wave, which means that its correction will be completed this month, and from next month it will enter an upward wave, the goal of which will be the previous ceiling. This will probably be a series of movements that will last between 2 and 3 months.
Probably this rise will be either 3-wave or 5-wave. When it reaches the previous ceiling, you can buy
USDT.D 1D - Bullish DivergenceUSDT.D 1D — Bullish Divergence ⚠️
USDT Dominance is showing a bullish divergence on the daily timeframe.
Price is making a lower low, while the momentum oscillator is making a higher low.
That suggests downside momentum is weakening.
The key area to watch is ~6.65% support. A successful reversal from here could put pressure on crypto risk assets, particularly BTC and alts.
Confirmation would come from:
USDT.D reclaiming ~6.90%
Momentum continuing higher
A break of the descending trendline
If USDT.D confirms the divergence, crypto could see additional downside.
For now, this is a warning signal—not confirmation. 👀
Bitcoin: Risk-On or Risk-Off?Bitcoin is approaching what I consider one of the most important decision points of the current cycle.
And this time, I am not looking only at BTC price.
I am watching where the money is going.
More specifically:
**Are investors willing to leave dollar-linked liquidity and move back into risk assets — or are they preparing to seek safety again?**
The answer may define Bitcoin's next major move.
## USDT Dominance as a Liquidity Gauge
One of the charts I constantly monitor alongside Bitcoin is **USDT Dominance (USDT.D).**
USDT.D measures USDT's share of the total cryptocurrency market capitalization.
The interpretation is relatively simple.
When USDT Dominance falls while crypto assets appreciate, capital is effectively becoming less concentrated in stablecoin liquidity relative to the rest of the crypto market.
That is generally consistent with a:
**RISK-ON environment.**
Capital moves toward Bitcoin, Ethereum, altcoins and other speculative assets.
When USDT Dominance rises while crypto assets fall, the opposite regime can develop:
**RISK-OFF.**
Capital becomes relatively more concentrated in stablecoin liquidity as investors reduce exposure to volatile crypto assets.
And right now, USDT Dominance is approaching a very important decision zone.
## The 100-Day Stochastic Is Showing the Cycle
At the bottom of the chart I am using a **100-day Stochastic applied to USDT Dominance.**
I like this indicator because it helps visualize the longer cycles of expansion and contraction in stablecoin dominance.
Look at the historical behavior.
Periods where the Stochastic moved toward its upper zone were associated with strong phases of USDT dominance.
Eventually, when the cycle reversed, USDT.D began losing strength and capital rotated back toward risk.
The opposite happened near the lower extremes.
This creates a useful framework for understanding the polarity of crypto liquidity:
**USDT.D rising = defensive liquidity / Risk-Off pressure**
**USDT.D falling = capital rotating toward crypto risk / Risk-On**
Obviously, this relationship is not mechanical.
But historically, the regime changes have been extremely useful to monitor alongside Bitcoin.
## We Are Approaching the Decision
This is what makes the current setup particularly interesting.
USDT Dominance has already declined significantly from its recent highs and is now approaching an important structural support area.
At the same time, the 100-day Stochastic is falling rapidly toward its own decision zone.
This leaves us with two very different scenarios.
### Scenario 1 — RISK-ON
USDT Dominance loses support and continues moving lower.
The Stochastic breaks through its intermediate zone and continues toward the lower extreme.
That would suggest that stablecoin dominance is continuing to contract relative to the broader crypto market.
For Bitcoin, this would be the scenario I want to see.
It could provide the liquidity environment necessary for BTC to leave the current consolidation and begin another expansion phase.
In that scenario, I would expect:
**USDT.D ↓**
**Risk appetite ↑**
**BTC ↑**
**Altcoins potentially outperform**
This would be the confirmation that the market is willing to deploy liquidity into risk again.
And if that happens aggressively, Bitcoin could surprise to the upside.
## Scenario 2 — RISK-OFF
The second possibility is considerably more dangerous.
USDT Dominance holds this support region.
The 100-day Stochastic finds support around its current decision area and turns higher again.
USDT.D then begins another expansion cycle.
That would tell me something very different:
**The market is not ready to abandon defensive liquidity.**
If this happens while Bitcoin fails to break higher, I would become significantly more defensive.
The sequence could become:
**USDT.D support holds → Stochastic turns higher → Stablecoin dominance expands → Risk appetite deteriorates → BTC loses support**
And because altcoins generally carry significantly higher beta than Bitcoin, the consequences for the broader crypto market could be much more aggressive.
## Bitcoin Is Also Sitting at a Critical Structure
Now look at the Bitcoin chart above.
The similarity with the previous cycle deserves attention.
In the previous structure, Bitcoin spent a long period consolidating near the lows while USDT Dominance remained elevated.
When the stablecoin dominance cycle finally reversed, Bitcoin began its major expansion.
Now we are once again seeing BTC consolidating while USDT.D approaches a potential inflection point.
This does NOT mean history has to repeat.
But it gives us a framework.
Bitcoin itself is telling us that a large move may be approaching.
USDT.D may help us understand **which direction liquidity wants to take.**
## The Interest Rate Problem
There is another variable that makes the current situation more complicated:
**U.S. interest rates.**
For a sustained speculative Risk-On environment, liquidity conditions matter.
When U.S. interest rates remain restrictive, investors have an alternative to taking substantial risk.
Capital can earn attractive returns in dollar-denominated instruments without assuming the volatility of Bitcoin, altcoins or technology stocks.
That creates competition for speculative capital.
So the question becomes:
**Will the market begin pricing easier financial conditions before they actually arrive?**
Because markets are forward-looking.
Bitcoin does not necessarily need to wait for monetary conditions to become obviously favorable.
If investors begin anticipating lower rates, easier liquidity or improving financial conditions, capital can rotate into risk assets before the macro data fully confirms the change.
That is precisely why this USDT.D decision is so important to me.
The market may tell us first.
## I Don't Want to Predict — I Want Confirmation
This is the most important part of the study.
I don't need to guess whether USDT.D will bounce or break support.
The chart will tell us.
If dominance breaks lower and the 100-day Stochastic continues toward the lower part of its cycle, I will interpret that as increasing evidence of **Risk-On**.
That would make me more comfortable maintaining or increasing exposure to Bitcoin as BTC confirms its own breakout.
But if USDT.D holds support and the Stochastic reverses upward, I will interpret that as a warning.
Especially if Bitcoin simultaneously begins losing its current consolidation.
That combination would make me considerably more defensive.
## The Two Signals I Want to See
For the bullish BTC scenario:
**USDT.D breaks support**
+
**100-day Stochastic continues lower**
+
**BTC breaks upward from consolidation**
That would be my strongest Risk-On confirmation.
For the bearish scenario:
**USDT.D holds support**
+
**100-day Stochastic reverses higher**
+
**BTC loses its consolidation support**
That would be a major Risk-Off warning.
This is why I don't believe this is the moment to become emotionally attached to either direction.
We are approaching the point where the market itself should give us the answer.
## Final Thoughts
Bitcoin is at an important point.
But the BTC chart alone may not tell the entire story.
USDT Dominance is approaching structural support while its 100-day Stochastic is moving toward a region that has historically helped identify changes in the stablecoin liquidity cycle.
That creates a fascinating decision point.
**Does capital continue rotating away from stablecoin dominance and into risk?**
If yes:
**Risk-On.**
Bitcoin could have the liquidity environment necessary for another major expansion.
Or does USDT Dominance defend support and begin another expansion?
If yes:
**Risk-Off.**
And Bitcoin could once again come under significant pressure.
With U.S. interest rates still an important competitor for speculative capital, this decision becomes even more relevant.
Maybe the market will anticipate easier conditions.
Maybe it won't.
I don't need to know today.
**I want the flow of money to confirm it first.**
For now, I am watching three things very closely:
**USDT Dominance.**
**The 100-day Stochastic cycle.**
**Bitcoin's current consolidation.**
The next synchronization between these three could define my positioning for the next major BTC move.
**Risk-On or Risk-Off?**
The market is getting very close to giving us the answer.
USDT.D STRUCTURAL UPDATES
USDT Dominance is currently hovering around 6.88%, tapping key structural levels while still leaving room for a potential final push downward before reaching the major Weekly Key Zone ($6.00% – $6.30% area visible on the chart).
The Current Play: We are sitting just above that crucial Weekly Key Zone. If USDT.D pushes slightly lower into that demand zone and prints a strong bullish reaction, expect a short-term relief bounce for stablecoins—acting as a local top and short-term cooling stage for altcoins, ETH, and BTC before a broader price reversal.
The Golden Scenario: If that Weekly Key Zone breaks down entirely without a strong bounce, it opens the floodgates for a massive, full-scale altcoin and crypto-wide bull rally as capital aggressively flows out of stables and into risk assets.
The Upper Resistance: On the flip side, if dominance heads back up toward the higher WOB (Wick/Order Block) zone, that will be the area to watch for heavy rejection and the green light to start accumulating risk assets aggressively again.
Watch how price interacts with these macro boundaries closely—market-wide direction hinges entirely on this zone.
Not financial advice. Manage your risk.
USDT Dominance: Another Drop Could Be Bullish for CryptoMarket Overview
USDT Dominance is trading around 6.92%, sitting near the lower boundary of its descending 4H channel.
The chart suggests another potential downside leg, but a short-term bounce remains possible first.
Fundamental / Market Catalyst
USDT dominance is increasingly being watched as a crypto risk-appetite gauge. Recent market analysis points to falling USDT dominance alongside improving Bitcoin momentum, suggesting capital may be rotating away from stablecoins and toward risk assets.
That makes the current structure relevant beyond USDT itself: a sustained decline in dominance can support broader crypto risk appetite.
Technical Analysis
The primary count places USDT.D inside a larger Wave (ii) corrective structure, with price still contained within a descending channel.
The recent rejection from the upper portion of the channel produced a sharp decline toward 6.7%.
From here, the chart allows for a corrective bounce toward roughly 7.3–7.4% before another potential decline.
The projected downside levels are:
6.50% — first downside area
6.20% — deeper Wave (v) target
An alternative count presents a similar bearish path.
Key Levels
~7.3–7.4% — potential rebound zone
6.50% — first downside target
6.20% — deeper target
~6.92% — current level
Bullish Scenario
USDT.D reclaims the descending channel and sustains a move higher, weakening the immediate bearish dominance structure.
Bearish Scenario
USDT.D fails to recover meaningfully and resumes its decline toward 6.50%, followed by 6.20%.
A continued drop would generally be consistent with improving risk appetite across crypto.
Kap Waves Outlook
USDT.D is approaching another potential downside leg.
If the structure plays out, falling dominance could provide a constructive backdrop for crypto risk assets.
USDT.D Could be forming a cup and handle here, Pump coming soon?CRYPTOCAP:USDT.D is currently forming a rounding bobttom here, we also have an uptrend which is dashed, as long as we hold above of it, USDT.D will remain bullish.
The confirmation to the rounding bottom pattern will be a break-out from above of the horizontal rectangle, once we break from above of it, USDT.D will pump hard and reverse the trend from bearish to bullish.
Which means that the market will dump hard once that happens.
Keep in mind that this scenario is yet to bbe confirmed. Even if it hapens, the winrate is 73%
We will keep you updated.
USDT.D Breaks Resistance | Bullish Structure & Liquidity Ahead🔹 USDT.D shows a notable shift in short-term market structure after holding the highlighted support zone around the 6.80% area. Price has formed a base near support and then pushed above the descending resistance trendline, suggesting a potential bullish breakout in price action. The recent candles are holding above the breakout area around 7.00%, while the broader structure is transitioning from consolidation toward higher highs. The marked liquidity area near the 7.45% region remains a key resistance zone to watch as price develops.
🔸 If the breakout remains supported and price continues to build above the former resistance, USDT.D could potentially move toward higher liquidity areas, while a rejection from resistance could lead to a retest of the breakout region or highlighted support. Traders may wait for additional price confirmation before considering any trade. If the support zone fails, the bullish structure could weaken and price may return toward lower levels.
This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.
USDT.D | Correction → Retest → Deep DeclineUSDT.D has experienced a strong rise from around 5% to the 9% area. After reaching this major resistance zone, dominance entered a consolidation phase and then started to decline, currently trading around 7%.
My current scenario is that USDT.D may first make a downward correction toward the 6.2%–6.3% area, followed by another upward move toward the 9% resistance zone.
If this move develops and USDT.D reacts from the resistance around 9%, my main scenario is a significant decline in USDT Dominance toward the 4.4%–4.6% area.
A decline in USDT dominance can, if confirmed by other market conditions, indicate that capital is moving away from USDT and toward riskier assets, including the crypto market.
⚠️ The projected path represents a potential scenario, not a certainty. The validity of this scenario should be evaluated based on price action and market structure around the mentioned levels.
Key levels:
🔹 Correction/Support: 6.2%–6.3%
🔹 Major Resistance: ~9%
🔹 Potential Target: 4.4%–4.6%
This analysis represents my personal view for educational purposes and is not financial advice.
USDT.D - Predictive Modeling Tether dominance is the most important chart to be watching for what happens next with crypto. I am going to lay out both the bullish and bearish scenario, as USDT.D is currently forming the perfect market structure for a violent move in either direction.
In this idea I will focus on the bullish scenario for USDT dominance, which would actually be extremely bearish for the crypto market as a whole.
To begin, review my last idea on USDT.D:
This scenario I am about to lay out aligns with the one outlined above. The main thing to watch for is USDT.D starting to close daily candles back above the parallel channel. If dominance accomplishes that, it could be seen as a false reclaim, and dominance would likely start using the top of the parallel channel as support to push back to the upside toward 8.25%. This would cause a crypto crash.
However, if candles continue closing below the parallel channel, as they are doing right now, my bearish scenario applies instead, which can be found here:
Now that this is understood, let's examine the bullish scenario for USDT. Right now, there appears to be a double bottom forming on the weekly line chart right around 7%. The line chart only accounts for candle body closes, so it will be very important to see where this closes with tomorrow's weekly candle.
If this double bottom does hold, and USDT.D starts breaking back above the parallel channel with multiple daily closes, I will provide a projection on what dominance is likely to do next.
The Predictive Head and Shoulders Pattern
My prediction is that a Head and Shoulders pattern would form, which would ultimately be the structure that kicks off the next bull market for crypto. If this were to occur, here is how it would look.
The left shoulder formed in March 2026, when dominance closed at 8.18%. The head then formed in June 2026, when dominance reached over 9%.
If the double bottom does print tomorrow, it would be establishing the neckline of the parallel channel around 7%. From there, USDT.D would likely rally back toward the 8.25% level which is a key future level I have been outlining ever since this idea:
It would then likely close somewhere around the 8.18% level on the weekly timeframe, creating the right shoulder of this predictive Head and Shoulders pattern.
Once the right shoulder is formed and dominance begins to drop again, it would revisit the neckline around 7%. Once that neckline is broken, it would kick off the true start of the crypto bull market. The measured move breakdown of this pattern would put USDT.D back around 5.3%.
One last thing worth noting is the weekly RSI. Since March 2024, USDT.D's weekly RSI has been in a steady uptrend, marked by the green circles. However, with the recent breakout for the crypto markets, that trendline has now been broken to the downside, marked by the red circle. That same weekly RSI trendline is now likely to act as a ceiling for momentum going forward.
Based on this, my projection is that if this scenario plays out, USDT.D will rise toward 8.25% while the RSI simultaneously rises back toward that trendline. Then, as USDT.D gets rejected around 8.18% to form the right shoulder, the RSI should be getting rejected from that same weekly trendline at the same time. From there, momentum would begin falling back toward oversold conditions, and the crypto bull market would begin.
USDT.D - More Cash to be Deployed?Tether dominance is the most important chart to be watching for what happens next with crypto. I am going to lay out both the bullish and bearish scenario, as USDT.D is currently forming the perfect market structure for a violent move in either direction.
In this idea I will start by focusing on the bearish scenario for USDT dominance, which would actually be extremely bullish for the crypto market as a whole.
To begin, review my last idea on USDT.D:
In that idea I was predicting profit taking would begin and the uptrend for crypto would start to stall. That is exactly what happened. However, now that more market structure has built, it may not be as simple as it first appeared. I was expecting daily candles to start closing above the parallel channel and use it as support. Instead, they have been closing below the top of the channel.
Why This Matters
This is crucial to understand, as it currently represents a reclaim of the channel rather than a retest of the breakout. This could signal that more cash (USDT) is about to be deployed back into the market, pushing cryptocurrencies across the board to the upside and pushing USDT.D back toward the heartline, or even the lower band of the parallel channel.
Depending on when this occurs, that could put USDT.D dominance around 6.45%, or even around 5.9% if dominance were to reach the bottom of the channel once again. That much cash being injected back into the market would help fulfill the scenario I outlined for BTC here:
Also be watching the daily RSI. USDT.D is currently still in oversold conditions and trying to bounce off the 30 level to the downside. If USDT.D is rejected from this 30 level if will lead Tether dominance strongly to the downside and USDT will start being deployed rapidly back into the crypto market.
A Word of Caution
It is still too early to say for certain, as there is a bullish pattern for USDT that could also play out on the weekly timeframe, which I will be outlining in a follow up idea.
For now, the current structure makes this the most likely scenario to play out. However, if you see USDT.D start closing multiple daily candles back above the parallel channel, this idea is negated, and the bullish scenario I am about to lay out next would be the one in play instead.






















