USDT Dominance Rebounded from the Support!
Hello Traders,
I hope you are all doing well.
USDT dominance has rebounded as per our previous analysis. It bounced perfectly off the 5.20% support trendline, causing BTC and other altcoins to drop.
If the dominance continues to rally from here, be prepared for a significant market crash. On the positive side, this could present a good opportunity to buy BTC and some altcoins at lower prices.
For now, consider staying in USDT and avoiding high-leverage long trades. Be cautious and always conduct your own research before investing.
Thanks.
I hope you are all doing well.
USDT dominance has rebounded as per our previous analysis. It bounced perfectly off the 5.20% support trendline, causing BTC and other altcoins to drop.
If the dominance continues to rally from here, be prepared for a significant market crash. On the positive side, this could present a good opportunity to buy BTC and some altcoins at lower prices.
For now, consider staying in USDT and avoiding high-leverage long trades. Be cautious and always conduct your own research before investing.
Thanks.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.