$BTC vs. USDT.D
Both flags have now broken out. On my end, that points to BTC likely moving toward 64K first, with 61K as the next level below. At the same time, USDT dominance looks set to push toward the 9% zone.
Right now, USDT.D is already around 8.4%, while the Fear & Greed Index is sitting at 9 deep in extreme fear territory. What stands out to me is that sentiment is already weak, even before price has properly tested key support levels.
The way I see it, this kind of setup usually leads to heavier downside moves compared to the upside bounces. Any rallies from here feel more like relief moves rather than real reversals.
For now, I’m treating strength as an opportunity to reduce exposure, not chase entries.