๐ *USDT Dominance is dropping*, signaling that traders are moving stablecoin reserves into riskier assets โ a classic sign that a *bull market might be brewing*! ๐ฅ Meanwhile, *Bitcoin (BTC)* is facing resistance around111,177.89, showing signs of volatility ahead. โก๏ธ
๐ *Analysis:*
When USDT dominance falls, it usually means money is flowing out of stablecoins into altcoins and BTC, fueling upward momentum. But BTC hitting resistance means we could see some short-term pullbacks or sideways action before a clear breakout. Expect some chop as bulls and bears battle it out.
๐ฏ *BTC Targets:*
- TP1: 115,000 โ near-term resistance to watch
- TP2:120,000 โ next key level if momentum holds
- TP3: 130,000 โ breakout zone for a strong bull run
๐ *Stop-Loss:*
- SL:105,000 โ below recent support to protect capital in case of a deeper correction
๐ก *Prediction:*
BTC might test support multiple times before either breaking out or pulling back further. If USDT dominance keeps falling, alts could outperform, and BTCโs rally could accelerate after shaking out weak hands.
Stay alert for sudden volatility spikes and volume surges โ theyโll guide your timing. This phase could set the tone for the next big crypto cycle! ๐๐