USDT DOMINANCE AT CRITICAL TURNING POINT BIG MOVE LOADING!

USDT dominance remains confined within a well-structured descending channel, displaying a clear Wave formation. The recent wave (4) rejection perfectly aligns with the 200-day EMA and the critical 4.89% resistance level, reinforcing a bearish outlook.

The confluence of technical factors suggests wave (5) is in play, with downside targets at 3.71% and an extended move toward 3.10%. The Stochastic RSI hovering in overbought territory further supports the probability of an imminent drop. A breakdown below 4.44% would confirm this bearish continuation, signaling a shift towards a risk-on environment—bullish for crypto assets.

We should watch this level closely, as a decline in USDT dominance typically correlates with stronger momentum in Bitcoin and altcoins. If this plays out as expected, expect volatility to increase across the market!

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