Tether Dominance Analysis | August 22

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Tether Dominance Analysis | August 22Market Cap USDT Dominance, %CRYPTOCAP:USDT.DCONVEXA_Acdaemy📅 Every Saturday, we analyze the **most important Dominance metrics or Total charts** to help you better understand the overall market structure. 💥 Following Bitcoin’s sharp move that we highlighted in our previous analysis, **USDT Dominance has experienced a deep decline from the 8.545 area** and has now reached its key support zone at **6.92–7.084**. 🛡️ This is one of the **most important support zones for USDT Dominance** and could potentially trigger a correction in **Bitcoin and altcoins**. 🔵 Scenario 1 — USDT.D ↑ + BTC.D ↑ If **USDT Dominance corrects upward toward 7.738 while Bitcoin Dominance also increases**, 📉 altcoins may experience deeper corrections. However, Bitcoin would still be considered to be **maintaining its primary trend** and could potentially start its next wave. 🚀 🔴 Scenario 2 — USDT.D ↑ + BTC.D ↓ If **USDT Dominance moves toward 7.738 while Bitcoin Dominance decreases**, ⚠️ this could indicate that **Bitcoin’s primary trend has come to an end**. In this scenario, Bitcoin would have a higher probability of returning to its previous trading range. 🔄 🟢 What about Altcoins? Keep in mind that whenever **Bitcoin moves sideways or experiences a slight decline—especially during a range—and Bitcoin Dominance also moves sideways**, altcoins can potentially make **sharp moves** and catch up with Bitcoin. ⚡️📈 🚨 **Important:** None of these scenarios should be interpreted as a **spot-buying signal**. We still need to wait for **further confirmations** before making any investment decisions. 🎯 CONVEXA ACADEMY Think. Analyze. Invest.