USDT Dominance at a Critical Turning Point–Will Correction BeginMarket Cap USDT Dominance, %CRYPTOCAP:USDT.DCryptoPilotIn my previous analysis, I highlighted that USDT dominance had likely completed a 5-wave Elliott structure around 4.60%–4.65%, suggesting that a corrective ABC decline could follow. That call played out accurately, with dominance stalling right at the projected resistance zone. 🔎 Current Update: •Price has now hit the top of the larger descending channel as well as the upper boundary of the short-term rising channel → creating a confluence resistance near 4.70%. •This level remains a high-probability reversal zone. 📊 Scenarios: •🔻 Bearish (More Likely): Rejection from 4.65%–4.70% could confirm the corrective ABC pattern, targeting 4.30%–4.20% next. 👉 This would signal capital rotation back into crypto & altcoins. •🟢 Bullish (Alternative): A confirmed breakout above 4.70% would open the door toward 4.90%, extending pressure on the crypto market. ⸻ 📌 Conclusion: Given the technical confluence, the odds still favor a pullback in USDT dominance, which could give altcoins some room to breathe in the coming sessions.