#USDT Dominance is approaching a critical resistance level.
**Scenario 1 - Rejection:** A rejection at this level could bring relief to BTC and altcoins.
**Scenario 2 - Breakout:** A break and close above 5.05% may push USDT Dominance to 5.27%+, potentially driving BTC towards the early 60ks and causing altcoins to drop by another 20%-30%.
Despite the downturn in my spot holdings, I remain steadfast. Instead of selling, I’m preparing to capitalize on the dips.
Stay strategic, stay patient.
Let me know what you think in the comment section.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.