USDT DOMINANCE UPDATE
USDT.D has given a strong breakdown from the 8.4–8.6% zone and is now around 6.9%.
This is generally supportive for crypto, as liquidity is moving away from stablecoins and into risk assets.
For now, USDT.D remains bearish.
A small bounce is possible after this sharp move, but if it gets rejected below the broken 7.3–7.8% region, that would be a strong confirmation for continued crypto strength.
USDT.D bearish = crypto liquidity environment remains supportive.
USDT.D has given a strong breakdown from the 8.4–8.6% zone and is now around 6.9%.
This is generally supportive for crypto, as liquidity is moving away from stablecoins and into risk assets.
For now, USDT.D remains bearish.
A small bounce is possible after this sharp move, but if it gets rejected below the broken 7.3–7.8% region, that would be a strong confirmation for continued crypto strength.
USDT.D bearish = crypto liquidity environment remains supportive.
