Since my last post, USDT.D dominance has been following a textbook ABC corrective wave pattern. Currently, we are in the C wave, which I believe will lead us to a critical area of 2.47%. This level is highly significant, as it may trigger a massive correction in the crypto market, potentially up to 40%.
Key Insights:
The "nuke zone" between 2.47%-2.50% should be on every trader's radar.
I strongly recommend closing all long positions before we hit this zone to avoid heavy losses.
Timing Speculation:
The exact timing is theoretical and cannot be predicted with certainty, but I estimate this scenario could play out between April and June.
Stay cautious and keep this level in mind while trading. I will provide further updates as the chart develops!
Disclaimer: This is not financial advice. Always do your own research. So mean while market will still go up untill we approach red zone or death zone :)
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