Bearish Breakdown in USDT Dominance - Altseason Loading?

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The chart shows a clear long-term descending trendline acting as resistance since mid-2023. After multiple failed attempts to break this trendline, USDT dominance has broken below a key horizontal support around ~4.35% on strong bearish momentum.

- Weekly close below the ~4.35% horizontal support.
Next key support zone: ~3.65–3.70% (marked by previous 2023 lows).
- Strong bearish engulfing candle confirming breakdown.
- Bearish continuation expected if dominance remains below 4.35%.

Further drop of the usdt dominance will start the altseason

Cheers
GreenCrypto

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