USDT Dominance is currently replicating its previous pattern — after a period of sideways consolidation (highlighted in yellow), dominance broke down sharply by -7.9%. Now, a similar range is forming again, hinting at another potential -7.9% drop.
This is extremely bullish for altcoins. A drop in USDT dominance typically means traders are moving out of stablecoins and into risk assets — expect strong inflows into altcoins and midcaps, which could trigger sharp altcoin rallies across the board.