$USDT Dominance (USDT.D) UPDATE

$USDT Dominance (USDT.D) UPDATE

$USDT dominance is currently pulling back after a strong upward move, and price is now reacting around a key support zone near the 0.5 Fibonacci level (~7.90%). The structure shows a short-term correction within a broader upward trend.

We can see that dominance is also respecting a descending trendline, while at the same time holding above the red ascending support line, creating a tightening range.
This kind of price action usually reflects a market that is preparing for its next expansion move.

The recent bounce from the support area suggests that buyers are still active, and if this support continues to hold, dominance can start pushing back toward the 8.10%–8.25% region.

In simple terms, USDT.D is still showing strength after a healthy pullback, which indicates that the market is not fully ready for strong upside in altcoins yet.

submitted by /u/Cryptorphic to r/btc
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Quelle: bitcoin-en