The monthly line of USDT.D is at the support level & BTC.D is about to reach 70% (currently 65%), almost hitting the high point of 2019.
Two possibilities:
1. BTC.D continues to rise, USDT.D continues to fall, with money going into $BTC, aligning with the "Buddha" altcoin season.
2. RWA + US stocks on-chain + debt resolution and other new narratives draw USDT out of the market to buy US stock tokens, then it’s still USDT.D ⬇️ BTC.D decreases.
What do you think?