If DOM is in this area, then surely everyone holding $USDT or Altcoins is hesitating.
2 Short-term Cases - Which plan are you picking?
- Break 58% and follow the RED trend above 60% => Altcoins are likely to suffer more.
- Drop from around this KC from ~58% down to 54% following the GREEN trend => There will be an extremely stable Altcoin wave.
I bet on the DOM running with green and if it breaks 58%, it could be a False-Break and then will crash instead of rising above 60% anymore.
Following the GREEN plan, there will still be money to spend, but following the RED plan, just pray :)))