$BTC $ETH

USDT Dominance ( Biggest Market crash is very Near )

Key Observations:

1. Support and Resistance Levels:

Support at ~2.03% and 3.73% (Black & Blue Horizontal Lines).

Resistance at ~6.51% and 8.87%.

The price is currently hovering around 4.19%, testing a confluence of support zones (blue horizontal and rising trendline).

2. Chart Patterns:

Descending Broadening Wedge: The blue downward-sloping lines form a broadening wedge, typically a bullish reversal pattern.

Long-Term Uptrend Line Broken: The red ascending line (broken) shows a long-term trend that has been violated — now resistance.

Horizontal Zone at ~4.21%: Critical zone tested multiple times (marked with green arrows as support and red arrows as resistance).

3. MACD Histogram (Bottom Indicator):

Shows momentum shifts. It appears currently neutral to slightly bearish, as the red bars are decreasing but not yet turning green.

Implications:

Current Zone (4.19% - 4.21%) is Critical:

A bounce here could mean a potential short-term risk-off environment (USDT dominance rises).

A breakdown below 3.73% might signal strong bullish momentum in crypto (money flowing out of stablecoins into coins/tokens).

Upside Resistance Levels:

If dominance rises, next resistance is around 6.51%, then 8.87%.

Downside Risk:

Breakdown could bring USDT dominance towards the 2.03% support, marking a major altseason if sustained.

Conclusion:

This is a make-or-break area for USDT dominance. Traders might watch closely how price behaves around the 4.21% zone. A hold and bounce = caution in altcoins; a breakdown = likely crypto rally.