A significant drop in USDT dominance has been observed, falling to 5.53%. This signals a shift in market dynamics, with capital flowing towards more established cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). This decline often precedes an upward trend for these assets. As USDT’s dominance weakens, investors are redirecting funds towards larger-cap coins like BTC and ETH. Analysts suggest this could signal the beginning of a bullish phase in the cryptocurrency market. USDT’s recent decline follows a period of upward movement, prompting speculation about further price surges for Bitcoin and Ethereum. The RSI stands at 59.04, indicating moderate buying pressure in the market. Historically, declining USDT dominance has often preceded increased volatility and growth for major crypto assets like BTC and ETH. This suggests that the market is primed for a positive shift.