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$USDT Dominance is showing strength after breaking out from the falling trendline and reclaiming the short-term moving averages.
The breakout suggests money is rotating back into stablecoins, which is usually not a good sign for altcoins in the short term. As long as USDT.D keeps holding above the breakout zone, the market could continue facing pressure.
Right now, the structure looks bullish for USDT.D, and that means caution is still needed across the altcoin market.
Watch the retest closely, confirmation here could lead to another leg higher. 👀
#Crypto