#山寨币走势展望

The dominance of USDT has fallen by 3% from my resistance level, which is favorable for the bulls. As suggested yesterday, entering new long positions in this resistance zone has clear stop-loss points. The index is now moving towards an important area of about 4%, which is the local top position from last week when BTC reached 100,000. Unlike last week, the decline in USDT dominance is now primarily driven by the trends in the secondary market.

As we approach this area, if we want to predict higher levels in the market in the short term, I hope to see a clear breakdown. If new long positions are opened as we near this area, the risk will increase. If we break below this area, we can wait for a bearish market retest, similar to the retest conducted by the index in the 4.15% area yesterday, targeting the 3.2% area. Conversely, unless the 4.15% area is broken and turned into support, I do not expect the market to have a larger pullback. The trading levels are very clear for both short-term and long-term time frames.