Using a series of analysis on USDT dominance so far, we've been able to accurately predict and follow the market step by step so far.
Following the previous analysis, as it was expected, the index started showing some reaction upon reaching the designated zone of 4.58% - 4.73% and thus some slight corrections have taken place across the market.
The said zone is not expected to cause a strong upward reaction in the index, in fact a short-term sideways movement is more possible before continuing the drop towards the 3.7% zone where a major weekly top in BTC can be expected to form (probably around 130,000 zone).
Since BTC dominance is also having a mid-term drop, altcoins are performing much better and it seems we're experiencing a small alt-party.
Following the previous analysis, as it was expected, the index started showing some reaction upon reaching the designated zone of 4.58% - 4.73% and thus some slight corrections have taken place across the market.
The said zone is not expected to cause a strong upward reaction in the index, in fact a short-term sideways movement is more possible before continuing the drop towards the 3.7% zone where a major weekly top in BTC can be expected to form (probably around 130,000 zone).
Since BTC dominance is also having a mid-term drop, altcoins are performing much better and it seems we're experiencing a small alt-party.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。