#USDT DOMINANCE ANALYSIS
USDT Dominance has broken down from the ascending triangle pattern and has successfully retested the breakdown level, with the Ichimoku Cloud now acting as a resistance barrier and signaling bearish momentum.
This points to a potential continuation of the downward trend. Given the inverse relationship between USDT Dominance and the broader crypto market, a decline in dominance may signal increased buying pressure in altcoins and a bullish shift in overall market sentiment.
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