🚨 Why the USDT Dominance Chart Matters in Crypto Investing 🚨

The USDT dominance chart helps us understand where money is moving in the crypto market.

Take into account that $USDT (Tether) is a stablecoin, meaning it's tied to the US dollar, so it doesn't go up and down in value like Bitcoin or other cryptos.

👉 Why is this chart important?

When the USDT dominance is high, it means a lot of money is sitting in USDT rather than being invested in other cryptos.

This often happens when investors are playing it safe. Maybe the market is too risky, and they're waiting for the right moment to jump back in.

👉 What does it mean when USDT dominance goes down?

When USDT dominance drops, it means people are moving their money back into cryptos like Bitcoin or Altcoins.

This usually signals confidence in the market and is often a sign that prices might start to rise.

In short:

A falling USDT dominance shows investors are feeling good about the market and are ready to take on more risk.

And this is what were are observing right now. Let's keep an eye on that break of structure and we could see the markets going up. 

Let's keep learning about crypto together 🤝

 

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