USDT.D RSI Oversold, Expected Bounce to 5%-5.5%, Bearish for BTC

11月13日

USDT.D shows signs of a potential bounce as RSI has reached oversold territory, indicating a likely move up to the 5%-5.5% area.

With #USDT.D rising, we expect #Bitcoin and altcoins to face downward pressure due to the inverse relationship between USDT dominance and the broader crypto market.

Watching for confirmation of this bounce could provide shorting opportunities in BTC & #crypto .