Stablecoin Dominance Is Overbought – A Reversal May Be Near

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USDT and USDC dominance combined are currently in an overbought region. A reversal could happen soon. Historically, when stablecoin dominance decreases, the broader crypto market tends to rise.

We may be standing at the doorstep of a significant move to the upside in the crypto market, especially in altcoins.

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