1. USDT Dominance (USDT.D)
• Current value: 4.11%.
• Trend: Since August, an increase in dominance has been observed, which may indicate a rise in the share of the stablecoin in market capitalization. This often occurs during periods of uncertainty or market correction, when investors shift to stablecoins to reduce risks.
• Forecast: If the trend continues, it could signal an upcoming correction or a decrease in activity in the cryptocurrency market. However, if dominance starts to decline, it may indicate a resumption of altcoin purchases.
2. BTC Dominance (BTC.D)
• Current value: 58.22%.
• Trend: After an increase in October, a decline is observed, which may suggest a capital outflow into altcoins.
• Forecast: If BTC dominance continues to decline, it may indicate a possible altcoin season. However, if the value starts to rise, Bitcoin is likely to become the main focus of investors again, possibly against the backdrop of market instability.