USDT Dom plays a very crucial role in the Crypto space
- I see this factor always not being talked upon
- When you see the USDT dominance index increasing this simply signifies that people are liquidating their positions and turning their accounts to FIAT
- Social Media influencers barely talk about this rather all you see is SHIBA inu to the moon or this that to 1$.
- Educating yourself is more important when you have money invested in a risky asset class
- IMO the chart looks very simple and it was very easy to plot the value zones you can see how well it grabbed liquidity and reacted to it