USDT dominance is telling what's about to come.
Since 2023, USDT dominance has peaked whenever the weekly RSI has gone above 60.
And what has happened after that?
A massive liquidity inflow into BTC and alts.
Whether it's Q4 2023 or Q3 2024, every major pump has been started by the USDT dominance dump.
But this time, things are even better.
USDT dominance is crashing while USDT MCap is hitting new highs.
In simple terms, new liquidity is entering the market and going straight into buying BTC and alts.