#USDT DOMINANCE ANALYSIS
USDT Dominance has broken down from the descending triangle pattern with significant volume. The Ichimoku Cloud is acting as a resistance, indicating strong bearish momentum. This suggests a potential further decline in dominance.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.
USDT Dominance has broken down from the descending triangle pattern with significant volume. The Ichimoku Cloud is acting as a resistance, indicating strong bearish momentum. This suggests a potential further decline in dominance.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.