#USDT DOMINANCE ANALYSIS
The dominance of USDT has broken through a descending triangle with significant volume, signaling a clear bearish breakout. The Ichimoku cloud reinforces this movement, acting as dynamic resistance and highlighting a strong downward momentum.
This breakout indicates the possibility of a continued decline in dominance, which could support bullish sentiment in the broader crypto market.
Given the inverse correlation of USDT dominance with the broader crypto market, a decline here may indicate a strengthening bullish momentum in the crypto space.$BTC $ETH