USDT Dominance - We're At A Critical Juncture
Similar to Bitcoin and altcoin's growth over the past month, USDT has seen a significant decrease in market dominance. USDT holdings fell nearly 22% over the last month, as that excess capital was redeemed or rotated into risk-on assets.
USDT.D is now at a critical juncture, at a very important Weekly Support Level where USDT.D has reversed three times over the last year. All eyes are on this metric to see of USDT.D breaks down from this support level, heralding a continuation of the pumps, or if USDT.D reverses as profit taking takes center stage and prices revert back to their year's mean.
USDT.D is now at a critical juncture, at a very important Weekly Support Level where USDT.D has reversed three times over the last year. All eyes are on this metric to see of USDT.D breaks down from this support level, heralding a continuation of the pumps, or if USDT.D reverses as profit taking takes center stage and prices revert back to their year's mean.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.