Hello everyone,
USDT.D is one of the most important charts that indicate the percentage of USDT in every trader's wallet.
Seeing its dominance go down surely indicates whether traders are buying crypto against it or people are swapping USDT for another stablecoin (which typically happens only in a crisis).
The USDT.D chart is now clearly forming a bear flag with a target of around 2%.
Whenever it breaks the lower border, it will give the market a huge pump and start a strong bull season. You should always keep an eye on USDT.D.
That's it!
Have a nice day.