Tether dominance is currently standing at an interesting point. Looking at the charts, I see that USDT.D is moving around the 6.96% level and facing a significant resistance zone there. The yellow trend lines and the horizontal channels at the top are trying to prevent the cash ratio from rising further.



What’s interesting at this point are the overbought signals I see in the lower indicators. In the past, whenever we reached these levels, the market generally experienced a strong upward phase. It seems like that huge liquidity waiting in cash is poised to enter the crypto market.

If Tether dominance breaks below this resistance zone, it could mean an increase in risk appetite and money flowing into risk assets. The technical indicators tell us that we are at the cusp of this cycle. Could this be the start of the bullish move we’ve been waiting for? Time will tell.
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