We are close to the bottom of the bullish channel and on a static level that has supported Tether's dominance. If we see Tether's dominance rise again from this zone, it is likely that the cryptocurrency market will undergo a correction.
According to the chart you're viewing, there is a resistance zone (3.36T to 3.26T) ahead. Considering the bullish momentum in the last three candles, there is a possibility of a breakout. However, if the cryptocurrency market cap is going to undergo a correction before reaching the top of the bullish channel, I think this zone is where the correction will occur.
