USDT.D Dominance
From the first analysis, the index dropped around 10%, during which Bitcoin peaked at $83,000.
With the last alert upon reaching the specified zone, the index surged about 14%, while Bitcoin retraced to around $69,000.
Currently, the index remains technically bullish, and it could continue to climb, so we're particularly watching the 8.64% level.
📌 A rise in USDT.D is generally seen as bearish for the crypto market as it indicates a shift towards stablecoins and a decrease in risk appetite.
📌 A drop in USDT.D is typically viewed as bullish for the market since it reflects liquidity moving from stablecoins to digital assets.
Just an analysis and technical reading, not a financial recommendation; your entry and exit are your personal responsibility.
$BTC $USDT #USDT.D
From the first analysis, the index dropped around 10%, during which Bitcoin peaked at $83,000.
With the last alert upon reaching the specified zone, the index surged about 14%, while Bitcoin retraced to around $69,000.
Currently, the index remains technically bullish, and it could continue to climb, so we're particularly watching the 8.64% level.
📌 A rise in USDT.D is generally seen as bearish for the crypto market as it indicates a shift towards stablecoins and a decrease in risk appetite.
📌 A drop in USDT.D is typically viewed as bullish for the market since it reflects liquidity moving from stablecoins to digital assets.
Just an analysis and technical reading, not a financial recommendation; your entry and exit are your personal responsibility.
$BTC $USDT #USDT.D
