๐ $USDT.D is quietly telling the bigger story behind these crypto moves.
USDT dominance is sitting around 6.44%, down on the day and pressing toward the 6.40โ6.34 area. The bigger structure has been trending lower after that heavy drop from 8.3% โ 6.8%.
That matters because when money moves away from stablecoin dominance, crypto can get more room to run exactly the kind of backdrop weโve been seeing with $SOL , $PHA and ENA pushing hard. ๐ฅ
But thereโs one thing Iโm watching closely: RSI is showing bullish divergence on USDT.D, meaning downside momentum may be slowing.
6.34 holds โ possible bounce
6.34 loses โ 6.00 becomes the next area to watch
USDT.D rebounds toward 6.60โ6.80 โ risk-on momentum could cool
SOL already reached 120.00 TP2, while PHA and ENA caught strong upside momentum.
Top-down view first, individual chart second. Let the chart decide Long or Short. ๐๐
$BTC
#BitgetBreachForgedRequestsNotStolenKeys
USDT dominance is sitting around 6.44%, down on the day and pressing toward the 6.40โ6.34 area. The bigger structure has been trending lower after that heavy drop from 8.3% โ 6.8%.
That matters because when money moves away from stablecoin dominance, crypto can get more room to run exactly the kind of backdrop weโve been seeing with $SOL , $PHA and ENA pushing hard. ๐ฅ
But thereโs one thing Iโm watching closely: RSI is showing bullish divergence on USDT.D, meaning downside momentum may be slowing.
6.34 holds โ possible bounce
6.34 loses โ 6.00 becomes the next area to watch
USDT.D rebounds toward 6.60โ6.80 โ risk-on momentum could cool
SOL already reached 120.00 TP2, while PHA and ENA caught strong upside momentum.
Top-down view first, individual chart second. Let the chart decide Long or Short. ๐๐
$BTC
#BitgetBreachForgedRequestsNotStolenKeys
