Today’s chart compares Total Crypto Market Cap 🆚 USDT Dominance - two metrics with a clear inverse correlation.🪞
🧠 Simple logic: when USDT.D drops, people are buying crypto and moving out of stablecoins. When it rises — capital seeks safety.
Since breaking its downtrend in early April, TOTAL shot up and is now consolidating in a bullish pennant — a classic continuation pattern. 📈
Meanwhile, USDT.D is forming a bearish pennant, signaling potential further downside. 📉
Most are still not ready for what’s coming... 🚀
🧠 Simple logic: when USDT.D drops, people are buying crypto and moving out of stablecoins. When it rises — capital seeks safety.
Since breaking its downtrend in early April, TOTAL shot up and is now consolidating in a bullish pennant — a classic continuation pattern. 📈
Meanwhile, USDT.D is forming a bearish pennant, signaling potential further downside. 📉
Most are still not ready for what’s coming... 🚀
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Disclaimer
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.