Tether dominance showed a compressed downward price movement last week, and we predict a similar bearish trend for this week. Analysts from the Mallicast team foresee this downward trend as a price correction since there is a significant support level around 3.91%. They predict the decline to extend to the 4.92% range. Additionally, the Mallicast team forecasts the current nature of the crypto market to be bearish, with the highest bullish target for this week set at 5.54%.
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