What about that tether dominance? Because we couldn't hold that 6.4% position (for a nice drop), we ended up with that surge to 9% which is the neckline of this IHS. But what does that mean? This means this formation should play out within this year. More Blood? Maybe. Any relief rally? Absolutely. I can only assume that 2026 will be the right shoulder year, where we can see crypto bottoming and possibly surging again.
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$BTC / $USDT.D
What about that tether dominance?
Because we couldn't hold that 6.4% position (for a nice drop), we ended up with that surge to 9% which is the neckline of this IHS.
But what does that mean?
This means this formation should play out within this year. More Blood? Maybe. Any relief rally? Absolutely.
I can only assume that 2026 will be the right shoulder year, where we can see crypto bottoming and possibly surging again.