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When analyzing the market, we look at dominance.
#USDT dominance is at a resistance level it hasn’t been able to stay above since 2022. Until price comes to this resistance, it appears the market has moved from BTC to USDT.
If it gets rejected at the resistance and stays below 6.97 on the daily, it means the outflow from USDT is accelerating. If there is an outflow from USDT, it means investors will buy either BTC or altcoins.