USDT dominance hits its resistance
As it is clear in the picture, in the 4H timeframe the USDT dominance hits to its resistance area from 7.07% to 7.1%. There is a convergence in MFI and RSI which are both in the oversold area. This indicate a upward movement in the USDT dominance which indicates a bearish move in the crypto market. I strongly suggest to be careful in long positions.
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