Firstly, there is nothing to worry about the market, it’s just a healthy correction. So don’t panic. I don’t know why even big influencers who were super bullish just a few days ago are now posting bearish charts 😂after this 8% drop in $BTC
Let’s dive into the chart. $USDT DOMINANCE UPDATE Dominance is exactly at a resistance level. It looks like we’re ready for a rejection from this level, but before that, we need to pay attention to the weekly close.
I’m expecting that after the weekly close or possibly even before, we may break this upper resistance to trigger panic in the market and wipe out weak hands.
For those who want to play it very safe or can’t afford losses, it’s better to wait for the weekly close to get confirmation.