🚨 Why is the USDT dominance chart important in crypto investments? 🚨

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

Remember that $USDT (Tether) is a stablecoin, meaning it is pegged to the US dollar, so it doesn't go up and down in value like Bitcoin or other cryptocurrencies.

👉 Why is this chart important?

When USDT dominance is high, it means that a lot of money is in USDT instead of being invested in other cryptocurrencies.

This usually happens when investors are being cautious; maybe the market is too risky and they are waiting for the right time to get back in.

👉 What does it mean when USDT dominance goes down?

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

This usually indicates confidence in the market and is usually a sign that prices could start to rise.

Bottom line:

A decline in USDT dominance shows that investors are feeling optimistic about the market and are ready to take on more risk.

And this is what we are observing right now. Keep an eye on that structure break, and we could see markets turn bullish.

Let's keep learning about crypto together 🤝

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