USDT Dominance Approaching Key Resistance – A Breakout or RejectA breakout above 4.40% could suggest a bearish shift for altcoins as funds move into stablecoins.
However, rejection at this level may lead to another test of the 4.00% support, which could boost altcoin performance.
Traders should watch for volume confirmation and RSI behavior for clearer direction.
Cryptomakets
Crypto market cheat sheetHello crypto family!
Many of your may know the famous Wall street cheat sheet - letemspin.com
Here is my interpretation of the current Bitcoin cycle from autumn 2021 until today. Yes, one bull cycle can have many "cheat sheet" patterns forming. You can see the same structure from the March 2020 Covid crash to the local top in April 2021, when everyone with Shiba inu, Cumrocket and Safemoon thought that he is a trading genius. The good thing is that I think we are ahead of another strong uptrend (the final one for the bull cycle). One more push to the HOPE region (around 50 000$) and you will see how fast the retail investors will push us up and above 100 000$.
Good luck everyone and trade safe!
Overview of the crypto marketsBITSTAMP:BTCUSD Bitcoin is currently in a downtrend. Possible short 8200-8500. We also see who are the winners and top picks for today trading.