Bitcoin holds a support level of 116K dollars as altcoins eye potential rebounds amid the decline of USDT's dominance
Bitcoin maintains key support at 116K dollars, and altcoins may be on the brink of a new surge!
BTC is building strong support in the 116K–117K range; once it stabilizes, it will open up space for historical highs.
USDT's dominance is declining → funds are flowing from stablecoins into altcoins, and market sentiment is shifting.
Market structure is healthy: BTC has broken the downtrend and completed a retest, with buying power significantly increasing.
Why does A think positively?
Key support is solid: 116K is the watershed that determines the fate of the bulls.
The capital situation is positive: the decline in USDT dominance indicates that capital is flowing back into risk assets.
Bitcoin & Altcoin Resonance: If support holds, BTC and altcoins may rise in sync.
Current market conditions show that the market is entering a new phase of momentum accumulation.
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