Breaking Point: Will USDT Dominance Wave C Spark Altcoin Inflows

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In my view, the "manipulative squeeze" observed the other day represents wave B within an expanded flat correction. Yesterday, USDT.D reached three key targets simultaneously (FVG on both weekly and monthly timeframes, along with tests of the MA200-d and MA20W), which inflicted substantial pressure on OTHERS, TOTAL2 & TOTAL3 . By the end of the day, a reversal candlestick pattern had formed. Of course, we need confirmation, and the price may likely retest the wick area from yesterday’s candle — a normal market reaction.

Nevertheless, the overarching conclusion is that USDT Dominance may be prepping for a potential downward wave C, targeting the 3.2–3.4% range. If realized, this scenario could lead to an influx of capital into altcoins, benefiting from a reduced share of stablecoins.

At the same time, it’s essential to remember external factors such as news, macroeconomics, monetary policies, and developments in global financial markets. Any significant shifts in these areas can alter the balance of power and consequently adjust the current outlook for USDT Dominance.

My last global forecasthttps://www.tradingview.com/chart/USDT.D/RBmsGDZd-USDT-Dominance-Crypto-Market-Cap-a-Bullish-Opportunity-Awaits/

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