USDT Dominance Update:
The USDT dominance is just not willing to drop down. After a nice 12% bounce from the lower support, the USDT.D is still managing to hold the level. We can see that a new support level (1) has been formed at 8.5% and also the lower support level (2) at 7.88%. Like I said in the previous video, until and unless the dominance breaks down below the support 2 levels, the market will possibly remain bearish.
That's all for now. Let us see what happens next.
Trade safely.