USDT Dominance (USDT.D) & BTC Dominance (BTC.D) Analysis – April 7 Update
Let’s take a deeper look into the market by studying USDT.D and BTC.D, especially through the lens of price action and long-term structure.
USDT.D – Weekly Time Frame Outlook
Since 2018, USDT dominance has been in a steady uptrend, as clearly visible on the higher time frame charts. However, a potential shift is on the horizon—we may soon witness a major trend reversal, hinting at the beginning of a long-awaited mega altcoin season.
Here's what the price action tells us:
On March 18, 2024, USDT.D formed a Swing Low at 3.79%
Then a Swing High at 6.76% on August 5, 2024
Later, a new Lower Low (LL) was formed at 3.71% on December 2, 2024
From there, the chart has shown a strong recovery rally—126 days of upward movement, and currently, it's heading back to retest the 6.76% Swing High
At this moment, the price has already wicked up to 6.24%, and is trading around 6.06%.
This structure indicates that USDT.D is moving in a potential downtrend, but we still need confirmation. For a full-blown altseason, it is crucial for this long-term trendline from 2018 to break down.
If USDT.D fails to break above 6.76% and gets strongly rejected, it would likely form a new Lower Low, breaking that multi-year uptrend—a powerful signal for the altcoin market to explode.
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BTC.D – Daily Time Frame Outlook
Now switching to BTC Dominance (BTC.D):
Recently formed a Swing High at 64.28%
Currently trading around 63.60%
If BTC.D breaks and closes above 64.28%, it would indicate continued pressure on altcoins—Bitcoin would remain dominant, and alts might underperform for a while.
However…
If BTC.D fails to break 64.28% and faces a strong rejection, we could see the beginning of a mega altcoin rally, potentially with rapid gains and recoveries across the board.
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Final Thoughts – What You Should Be Watching
Keep a close eye on these three key charts:
1. USDT Dominance (USDT.D)
2. BTC Dominance (BTC.D)
3. Bitcoin Price (BTC/USD)
If you're a new investor or looking to add more capital, this could be your last golden buying opportunity before a potential altcoin explosion. Those already invested—if you have extra funds—consider dollar-cost averaging (DCA) wisely. If not, sit tight and be patient—your moment might be just around the corner.
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Altseason is not a question of "if"—but "when."
And that "when" may be a lot closer than we think.
Stay sharp, stay ready.
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Disclaimer: I am not a financial advisor. This is not financial advice. Please do your own research (DYOR) before making any investment decisions.
