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#USDC .D + #USDT .D ⚠️
Both USDC.D and USDT.D have reached the Golden Ratio retracement - one of the most important levels in technical analysis
This is the zone.
If stablecoin dominance breaks higher from here, more pain could be ahead for the entire #crypto market.
However, if we get a rejection and a clean double top forms, the outlook changes dramatically.
A rejection here could trigger a powerful move into risk-on assets and send altcoins flying.
The next few days could be crucial.
Eyes on stablecoin dominance. Eyes on crypto. 👽🔥