$BTC USDT.D/USDC.D has become one of our main indices used to identify the current market trend a few months ago. Recently, after a breakout of the HTF bullish flag pattern, it reached our 11% zone, leading to a significant market decline. On a larger timeframe, the index still looks positive and has not yet shown macro top signals, especially after reclaiming and holding above the 11% zone.

I believe that in the coming weeks, if BTC fails to successfully reclaim the 70K-72K zone, an upward move within the box is possible. This would approach a new high for the index and is the last data point guiding our market navigation through this index. Before that, we will assess a potential HTF bearish divergence that may start forming around the 12% zone, similar to BTC.
Regarding USDT dominance, our 8.80%-8.20% zone remains valid, which is the area we recently used as a buy consensus. Only a price above 8.80% on the HTF would suggest that the index might enter a price discovery phase. I believe this is possible this year, but before that, we also need to evaluate a potential HTF bearish divergence forming around 9.50%, which would be the only signal for me to increase current market exposure.