Market Cap USDT Dominance, % Forum & Chats (CRYPTOCAP:USDT.D)

yesterday

tradingview.com/x/TZ7nl2jJ/

The shift in USDT Dominance values is highly likely to be an impulse move. In this regard, I expect another wave of decline to approximately 3.9 - 3.8, which could allow the broader market to potentially experience another upward movement. After that, a correction will likely follow. But we'll discuss this later.

yesterday

tradingview.com/x/6Avn5JC3/

A new perspective on the medium-term chart of USDT.D.
I see many similarities in the structure and dynamics of USDT.D movement from October 2023 to March 2024 with the current situation. In both cases, there was an impulsive breakout of the 200-day MA, after which the price aggressively moved downward in the structure of a large zigzag, where waves A and C are impulsive.

Under these circumstances, the peak of the crypto market could be expected around February - March 2025.