$USDT.D is hitting and stalling at the weekly supply.
As expected, FUD will be loud while $BTC tries to form a local/macro bottom.
The premium zone is still slightly higher, but building a spot $BTC position from here up to ~9% USDT.D doesn’t hurt from a mid-term perspective.
Not certain if BTC bottoms exactly in this zone,
BUT we should see a decent pullback in USDT.D (which would mean bounce on BTC) from the red zone before any further upside.
#BTC #USDT