The $USDT Dominance (USDT.D) chart shows how much of the money in the market is waiting in stablecoins. That’s why it helps us directly read the risk appetite in the crypto market.

In the chart, a flag formation has formed after a strong upward move. USDT dominance is currently near the upper band of the channel, has been rejected upon contact, and is doing a retest move. So I interpret this as a pause before the upward breakout. Because the lows are not breaking aggressively, but at the same time there is no upward breakout either. This could be liquidity accumulation. If there’s an upward reversal like in the chart, the money will move back into stablecoins (USDT).
The market is at a decision stage, and the compression/squeeze is about to end. #USDT dominance yükselirse piyasadan para çıkışı yani yeni bir düşüş dalgası, düşerse piyasaya para girişi ve kripto piyasasında yükseliş görülebilir. #Dolar
Which way do you think the breakout will go?
⚠️ #advertisement or investment advice is not provided. This analysis is my personal opinion. It is not definitive.