$USDT Dominance

The chart is currently forming a potential double bottom, with the RSI trendline acting as support. Here’s how this setup could evolve:

• Key trigger is the RSI reclaiming the 50 level, that would confirm momentum and likely lead to a break of the neckline, pushing $USDT.D higher.

• A rise in $USDT.D typically signals capital rotating out of crypto, triggering corrections across altcoins and $BTC.

• However, if the RSI trendline breaks, a lower low becomes probable, possibly leading into a falling wedge structure instead.

In my opinion, this double bottom has higher odds of playing out. The broader market looks exhausted, and a correction here would be a healthy reset.