The market remains extremely volatile, but it is worth continuing to do everything possible to effectively navigate it.

In the long run, this will lead to a steady stream of profits.

he USDT dominance indicator is on the verge of losing support in the growing wedge model. A breakdown followed by a retest of this figure will serve as a bearish confirmation for the entire USDT.D indicator, which usually signals the beginning of a bullish rally in the cryptocurrency market.

Since financial flows are interconnected, the declining dominance of the token indicates the accumulation of liquidity in the crypt itself.

Bitcoin's dominance is currently moving within the descending triangle pattern. A breakdown of this triangle will serve as a confident bullish signal for the alts, while an upside breakout will not bring anything positive for them.

It is important to remember that the BTC dominance index indicates a trend that is inversely proportional to the entire altcoin market.

According to Glassnode, over the past 30 days, wallets holding between 1,000 and 10,000 BTC have been accumulating coins at an accelerated pace. This suggests that smart money and institutional players are quietly building up their positions, despite the general uncertainty in the market.

The Bitcoin dominance indicator is trying to exit the descending triangle pattern. A successful breakout followed by a retest above will serve as a confident bullish confirmation, signaling another corrective wave in the market.

On the other hand, if dominance returns to the triangle and goes lower, it will be a sign of an upcoming bullish rally in the alts.

ETH is in an ascending triangle pattern with resistance around $1,660-$1,680 and an ascending support line around $1,630. This indicates an increase in bullish pressure.

A break above the resistance level can push the price higher, while a drop below the trend line is likely to trigger a sell-off of coins in the market. The moment of truth will happen soon.