#update
$ALTS — Leaning Bearish Today :
I’m looking more for shorts on altcoins today based on what USDT Dominance is showing.
USDT.D is currently holding above the breakout trend and also respecting the key Fib levels around 8.44–8.46%.
As long as USDT.D continues to hold this structure, it suggests money is moving into/staying in stablecoins, which could put more downside pressure on alts.
So for today, my main focus is finding clean short setups on alts unless we see USDT.D lose this structure.
$ALTS — Leaning Bearish Today :
I’m looking more for shorts on altcoins today based on what USDT Dominance is showing.
USDT.D is currently holding above the breakout trend and also respecting the key Fib levels around 8.44–8.46%.
As long as USDT.D continues to hold this structure, it suggests money is moving into/staying in stablecoins, which could put more downside pressure on alts.
So for today, my main focus is finding clean short setups on alts unless we see USDT.D lose this structure.