🚨 $USDT.D : Is the Crypto Bottom In? 🚨


Looking at the 1W chart for $USDT.D, we are seeing a massive technical shift play out that could trigger the next major market rally. 🧵👇
1/ The 9.50% Brick Wall 🧱
The 9.50% level has historically marked the absolute peak of market fear (mid/late 2022). As shown in the chart, we just hit this major horizontal resistance again and suffered a sharp rejection down .
2/ Hidden Weakness (Bearish Divergence) 📉
Notice the weekly RSI at the bottom of . While the dominance metric pushed back up to its previous highs, the RSI printing a lower high reveals a massive loss in buying momentum. The bears are running out of steam.
3/ What this means for $BTC & Altcoins 🚀
$USDT.D moves inversely to the rest of the crypto market. When stablecoin dominance drops, it means capital is actively deploying back into crypto assets.
Conclusion:
A confirmed weekly rejection here likely signals a macro top for stablecoin dominance, paving the way for a strong crypto relief rally. Keep a close eye on this weekly close!
BTC0.81%
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