🔥 Usdt.dom and general market trends 🔥
Why do I determine the general trend through USDT dom and not btc dom or total 1 2 3? Simply because it covers everything, if you want to buy 1 token quickly, you have to pay with stablecoin and the most popular is USDT, so when your stablecoin decreases, the price of the token you just bought increases.
👉 USDT.dom also has a stronger advantage than other doms in terms of sensitivity in checking the flow of newly printed money into the market. Sometimes you see the price of $BTC increase but usdt.dom still increases, the main reason is due to money printing, similar in nature, $ETH has also done a good job printing more tokens so the price still maintains well and increases stronger than $BTC on the 20th. /5 past.
👉 Different from the individual pump dump nature thanks to mainly blowing or driving from MM or project, USDT.Dom is more similar to a forex currency pair. If you are a good forex trader, it will certainly be easier for you to grasp crypto market trends because of the high volume correlation and low volatility.
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Perhaps this is my last article this month and next month! Thank you everyone for reading.
