USDT Dominance Weekly Chart Update
USDT dominance continues to decline and is hitting lower highs. This indicates that capital is slowly shifting from stablecoins (USDT) to crypto assets (BTC, ETH, and altcoins).
Support Zone: The main support is between 3.5% - 2.5%. If dominance falls into this zone, it could trigger a strong bullish move in altcoins and BTC.
Perspective: A decline of 2-2.5% would signal the start of a big altcoin season.
⚡ Current Status (4.49%): The market is moving in an uptrend. If dominance continues to decline, expect strong inflows into crypto.
DYOR | NFA
USDT dominance continues to decline and is hitting lower highs. This indicates that capital is slowly shifting from stablecoins (USDT) to crypto assets (BTC, ETH, and altcoins).
Support Zone: The main support is between 3.5% - 2.5%. If dominance falls into this zone, it could trigger a strong bullish move in altcoins and BTC.
Perspective: A decline of 2-2.5% would signal the start of a big altcoin season.
⚡ Current Status (4.49%): The market is moving in an uptrend. If dominance continues to decline, expect strong inflows into crypto.
DYOR | NFA
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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.