USDT dominance. Has crypto topped?
Usdt dominance is an indicator used by professional crypto traders to gauge the health of the entire crypto market. When Usdt goes down normally cryptos go up. Recently the crypto markets surged as the usdt has fallen. It has fallen so much that it has reached an oversold state and formed a double bottom. Does this signal a major correction in the crypto market? Historically it has. How low will the crypto markets fall and for how long? Keep an eye on the usdt to find out the correlation.
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297
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