Bitcoin and USDT Tether dominance
There’s a clear negative correlation here, but what I want to emphasize is that when USDT dominance drops to around 1.5-3%, we should be cautious. This indicates a full risk-on environment, which can signal potential trouble ahead.
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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.