🚨 Something big is brewing in the market… and the USDT.D acquisition is collapsing
The resistance area at 6.26% strongly repelled the indicator…
And three failed peaks were enough to spark the drop
Now we are quickly heading towards:
🎯 3.71% as the first target
And if it breaks?
We will continue to the more dangerous area: 3.17% – 2.70%
What does this mean?
Money is fleeing from Tether…
And the destination: alternative currencies
The golden opportunity may have just started… get ready
From what is visible in the chart:
The gray area at 5.5% – 6.26% was indeed a strong resistance.
A clear break of the last upward trend, with three descending peaks (classic distribution).
The current rapid drop suggests significant momentum towards the first target of 3.71%.
And if this line is broken, the path is open towards 3.17% – 2.70%, meaning huge amounts may head towards alternative currencies (altseason?).
If the scenario materializes, it is indeed a "golden opportunity" for altcoins, especially those whose prices are still stagnant.
In short, about 80%, this is the last chance to catch the train; we have seen the bottom more than once, and I believe there is no further drop coming. So those who can catch it, should catch it, and this is not investment advice; I could be right, I could be wrong, and focus specifically on this.