USDT Dominance : LTF Analysis
On a lower time frame, USDT dominance is still fluctuating within a range of 4.43% to 3.80%. To avoid the volatility of the lower time frame, I would only trade at significant levels, with the 4.10% area acting as a mid-range point from which the market has previously bounced. I would be more inclined to go long if the price moves into the upper range between 4.35% and 4.43%, where it's easier to set stop-losses. Conversely, if the mid-range is broken, depending on today's CPI data and the market reaction in New York, it could lead to a more risk-on environment and a test of the lower range. In that scenario, I would take significant profits from new positions acquired in recent days. On a higher time frame, my key area of interest for USDT dominance remains between 4.60% and 4.70%. The 3.80% level is also crucial to maintain if we want to see new highs in this cycle.