USDT.D The Calm Before the Storm?Market Cap USDT Dominance, %CRYPTOCAP:USDT.Dmrvitz78This is my personal view of the current market structure. I believe USDT Dominance is currently forming Wave 5 of the Elliott Wave structure. At the moment, USDT.D is sitting on a strong confluence of support: 🔹 Horizontal support 🔹 Bull Flag 🔹 SHA support We've been consolidating in this area for around two weeks, suggesting that the market is still building energy before the next major move. I expect July may still allow some upside for altcoins, meaning USDT.D could continue to range in this zone for a bit longer. However, I think August could mark the beginning of another move higher for USDT.D, which would likely put renewed pressure on the altcoin market. The projected path and dates are only an approximation of how I currently see the structure developing; they're not meant to predict exact timing. I decided to share this because lately I've been seeing "Altseason is here!" almost everywhere. Personally, I think many traders are getting ahead of themselves. If USDT.D continues to rise, I'll keep DCAing into projects I strongly believe in, especially ETH and a few other long-term holdings. Good luck, everyone! 🍀📈