USDT dominance is down 15% since our last update. This drop has allowed BTC and other altcoins to rally, and the trend is still ongoing.

The recent chart indicates the continuation of the bearish move, with the current dominance at 5.48%. It has yet to test the support trendline, meaning the market still has some room for the rally to continue.

However, we’ve reached a point where caution is necessary. If we see a rebound in USDT.D on the daily chart, it will signal an exit from all long positions and a shift to short positions.

Our current targets are 5.20% for USDT.D and $69K for BTC.
I will keep you updated, so stay tuned and follow if you haven’t already.

Make sure to conduct thorough research and analysis before making any decisions.

Regards,
Team Dexter

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