Bitcoin Dominance Vs Altcoins & USDT? Bounce or Breakdown?

With the current bearish sentiment and large correction in the crypto market we look into the Bitcoin Dominance Vs Altcoins & USDT.

Both Bitcoin and Altcoin dominance is going down in the current market correction and cash equivalent USDT dominance is breaking out.

Does BTC dominance bounce at the bottom of the channel as we saw in recent history.

Alt dominance has broken down its recent range. Does it continue downwards or does it go back up?

Where will the drypowder be allocated? More into BTC or alts?