USDT Dominance & Crypto Market Cap: a Bullish Opportunity Awaits

11 de nov.

Hey everyone!

I thoroughly researched the global USDT.D chart, which allowed me to strengthen my beliefs regarding the validity of the current bull rally.

I'm anticipating a downward move in USDT.D, although we may get some fluctuations and corrections. The main trajectory seems quite clear: as USDT dominance declines, it could pave the way for a strong bullish cycle in the crypto market TOTAL

But I'm not sure it will last long. I think we have a couple of months left, maybe half a year, but no more.

Don't miss the opportunity. If this scenario plays out, it’s essential to be positioned to ride the wave.

Classically, a five-wave impulse is corrected to the 4th wave mark. In this logic, we can expect that the cryptocurrency market capitalization may reach values ​​equivalent to the peaks of 2021. But I will not create illusions and will expect a more moderate rally.

Let's stay tuned and prepared for what could be an exciting journey ahead!

Shaka 🤙

há 6 dias

Trade ativo

The shift in USDT Dominance values is highly likely to be an impulse move. In this regard, I expect another wave of decline to approximately 3.9 - 3.8, which could allow the broader market to potentially experience another upward movement. After that, a correction will likely follow.

But we'll discuss this later.

há 6 dias

Nota

A new perspective on the medium-term chart of USDT.D.

I see many similarities in the structure and dynamics of USDT.D movement from October 2023 to March 2024 with the current situation. In both cases, there was an impulsive breakout of the 200-day MA, after which the price aggressively moved downward in the structure of a large zigzag, where waves A and C are impulsive.

Under these circumstances, the peak of the crypto market could be expected around February - March 2025.