USDT DOMINANCE UPDATE (4H)

First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .

To be honest with you, the market is in terrible condition. Buying pressure on Tether dominance is high. The recent pumps in altcoins were mainly to liquidate short positions; otherwise, the overall trend for altcoins remains bearish.

Tether dominance seems to be aiming to hunt higher supply zones. In high-volume altcoins like Ethereum, key levels have been lost, so we can rely on this Tether dominance analysis.

We will either move up from this area or from the green lines.

This move may take several months.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You