USDT dominance
USDT.D is showing signs of breaking above the resistance zone after successfully retesting the 100 EMA. If this breakout sustains, it signals a shift toward stablecoins, indicating lower risk appetite among traders.
This is generally a bearish sign for altcoins, as rising USDT.D suggests capital is flowing out of riskier assets. If confirmed, we could see increased selling pressure across the altcoin market.
This is generally a bearish sign for altcoins, as rising USDT.D suggests capital is flowing out of riskier assets. If confirmed, we could see increased selling pressure across the altcoin market.
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An alert was given yesterday; I hope you didn't suffer a big loss.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.