Something worth tracking imo. Stablecoin Dominance - $USDT.D + $USDC.D For our turbo bull giga send higher scenario, we want this overall ranging structure to break down eventually, towards the 2-3% level. However, near term we are coming into support at 5.55%. Clear skies ahead if we slice through and flip to resistance. But I am going to be keeping an eye on the market if BTC makes another push into 125-130k while we tag the 5.55% stable coin dominance level. It might only be a speed bump, but worth keeping an eye on all the same. Perhaps a useful tool to use in confluence with BTC charts etc.

Thanks to @profitmaker00 for posting a "STABLES.D" chart. I didn't know tradingview had this. So an additional spin on the stable coins dominance after looking at this chart. Looks like range highs swept with equal lows at range lows. So imo we descent into them at around 5.36% (which is bullish for the crypto market) So, looking further ahead, my *RISK OFF* signal would be if we manage to put in a deviation below the range low / equal lows, and then reclaim. You may be asking why I'm thinking about risk off scenarios in the midst of a bull run? I like to plan ahead and while I see the massive upside opportunities (esp across alts) I'm always thinking about downside risk ... TLDR - Run towards and take out these equal lows? Crypto is having a good time - Put in a deviation below said lows and *reclaim*? Risk off But for now looks good for downside.

@profitmaker00 STABLE.C.D *