The key resistance zone for the dominance index of #数字资产市场动态 $BTC stablecoins is stuck between 6.50% and 6.70%—a level touched in November and still the market bottom. The daily bearish divergence persists, significantly constraining the upward potential. Only a break above 6.70% would confirm a true market bottom signal.

My judgment is that next year it can at least reach 8%, but it won't happen overnight. In the coming weeks, the index is likely to repeatedly form higher lows, maintaining a larger upward trend overall. From the weekly chart, the USDT dominance structure remains solid, as previously discussed.

Breaking down the details—6.18% is a recent support level, roughly corresponding to around 90,300 in BTC; further down, 5.80% is a support in a larger cycle, close to BTC’s opening price of around 94K at the start of the year. If BTC revisits 100K at some point, the USDT dominance support could fall below 5.80%, potentially forming a new low between 5.60% and 5.25%.

From a macro perspective, although a rebound may occur in the short term, the overall trend remains bullish. This repeated high-level fluctuation is partly due to retail investors taking profits and partly as a search for new shorting opportunities—how this develops will depend on subsequent market behavior.