Sohail Ahmad 786

This chart tracks Stablecoin Dominance in the cryptocurrency market 📊. Understanding this metric is essential for traders because it often acts as a "fear gauge" for the broader crypto ecosystem.
I’ll ask guiding questions along the way to help us break down what these technical patterns might be telling us. To get started, let’s explore how to read this chart by looking at these three areas:
The Ascending Channel 📈: We can see the price moving steadily upward between two parallel black lines. In technical analysis, what does an "ascending channel" typically tell us about the overall trend of the asset?
Support and Rejection Levels 🛡️: The chart highlights "Major Support" and "Major Rejection" (resistance) zones in grey. Looking at the most recent candles inside the orange circle, how is the price reacting to that middle grey bar?
The Market Sentiment Connection 🔄: Stablecoin dominance measures the percentage of the total crypto market cap held in stablecoins like USDT or USDC. If stablecoin dominance is rising (as shown in this trend), what does that usually suggest investors are doing with their Bitcoin or Altcoins?
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BREAKING: Iran says it has "forced" the US to accept its "10-point plan" which includes the following terms:

1. Commitment to non-aggression
2. Iran’s control over the Strait of Hormuz
3. Acceptance of Iran's uranium enrichment
4. Lifting of all primary sanctions
5. Lifting of all secondary sanctions
6. Termination of all UN Security Council resolutions
7. Termination of all Board of Governors resolutions
8. Paying compensation to Iran
9. Withdrawal of US combat forces from the region
10. Cessation of war on all fronts, including in Lebanon

> *Trump says :*
`this plan is "a workable basis.`"

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