USDT.D is moving within an ascending triangle on the weekly timeframe. Currently, it is trading below a key supply zone, an area that has triggered major rejections in the past.
A rejection from this horizontal resistance remains a possible scenario. Since USDT Dominance and the crypto market generally move in opposite directions, such a rejection would be a bullish signal for the crypto market.
BTC is currently retesting a major daily support zone around $65.7K–$66K, which has acted as a strong demand area multiple times in the past.
The recent sharp sell-off shows strong bearish momentum, but the long wick from support indicates buyers are stepping in. As long as BTC holds above this zone, a relief bounce toward higher resistance levels is possible.
A daily close below the marked support would be a bearish confirmation and could trigger a deeper correction. For now, this support remains the key level to watch.
📈 #bitcoin (BTC) is trading around $77K–$78K, showing signs of stabilization after recent volatility. Market sentiment is cautious, with traders watching key resistance near $80K and support around $75K.
🔥 If #BTC breaks above $80,000, bullish momentum could push prices higher. A drop below $75,000 may trigger short-term selling pressure. Analysts say macro news, ETF flows, and investor sentiment remain major drivers for the next move.
Short Take: BTC is in a consolidation zone — the next breakout could decide the market direction. 🚀📊