Starting with the USDT.Dominance chart. This chart isnt perfect as the amount of people using USDT isn't constant (i.e. the USDC chart does not perfectly match this). But that doesnt change the overall concepts and ideas shown on this chart. If the major support is broken, there should be a heavy influx of cash into the market.
Total Market Cap we are sitting at resistance of the previous major bull run. That means we are very close to a do or die time. If the bulls push above it, then cryptos are on an absolute moon mission (starting with bitcoin, then ethereum, then the remainder of the altcoins)
And the Bitcoin chart. The main ideas are in text on the chart. Friendly reminder, dont listen to those that say FOMO starts at 55k or 60k. No, FOMO will start when ATH is broken. Until ATH is broken, the bullrun is not a >90% guarantee. Notice how a retest of the rising channel could overlap the ATH retest? That would be an absolutely insanely bullish concept. If this happens, its the only time I'd ever suggest loading up 100%. I always keep money on the sidelines but in that scenario I would go all in.
And as a general reminder to the cycle in the event a bull run is coming:
1) Bitcoin needs to break ATH.
2) New money FOMOs in and Bitcoin will rally very hard.
3) Ethereum will trail behind it. At some point into the Bitcoin rally a lot of money will transfer into Ethereum and it will rally hard. (If we get a bull run, my realistic targets for ethereum are 6k and 9k, I will be scaling profits all the way to 9k.)
4) Bitcoin will track sideways as people move money into Ethereum, and this is when the rest of the altcoins will go insane.
So begin to plan about what order you would like to buy coins and remember, take profits, stay a step ahead, and dont chase green :)
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