USDT.D Strength Building, Uptrend Starting?
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USDT DOMINANCE UPDATE
In my opinion, it looks like we are moving out of the accumulation phase here.
Price has been consolidating for a long time, and now we’re starting to see some signs of strength building up. The recent reaction from the EMA area also shows that buyers are stepping in.
If this continues, I think we could see a move toward the 8.6% resistance level. Not expecting a straight move, but it feels like the trend is slowly shifting upward.
For now, I’m watching how price behaves around this zone, but overall, it looks like the move has already started building.
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rising Tether dominance generally aligns with risk-off, which supports the downside case for alts.