Massive Stablecoin Movement: $175 million USDT flowed into Binance from an unknown wallet at 14:57.

Such a large single transaction is likely an institution 'loading up,' either buying the dip or providing liquidity for market making.

With the DXY hitting a two-week low, the weakening dollar adds fuel to the crypto market.

Next, keep an eye on three things: whether spot depth keeps up, whether futures funding rates turn positive, and whether major coins experience a 'high open, low close' reversal.