Update $BTC and USDT.D a bit for you guys!
$BTC has the current resistance trend line at $90K8 - $91K2 for you guys. Regarding USDT, it is currently in a sensitive zone.
In the previous trading session, this index touched the trend line and then showed signs of rising, which caused altcoins to record declines of 30-70%.
1. If the trend line is broken, USDT.D may continue to drop to the level of 2.6-2.5%, and altcoins could explode like in the period from Q4/2023 to Q1/2024.
2. If the index touches the trend line and bounces up to 4.9% and then starts to decline from there, those who missed the opportunity in the previous wave may consider buying when USDT.D hits 4.9%.
- Futu: In this sensitive context, all LONG positions with unfavorable entry points should be closed to take profits or execute stop-loss orders.
- Spot: If the position is good, it can be held until USDT.D returns to the 2.5% range.
Wishing you all a successful bull run, wherever you place your bets!
