Tether Dominance (USDT.D) has been recently garnering market focus as it may indicate the upcoming bearish trend for Bitcoin.
Recent price action of Tether suggests an inverse correlation with Bitcoin, indicating that the recent growth of Bitcoin may be temporary.
Tether's rising dominance is seen as a flight to quality by investors, which typically occurs before Bitcoin volatility re-emerges.
The increasing market share of Tether in the cryptocurrency market is a warning sign for those exposed to Bitcoin, suggesting potential market direction.