Tether Dominance Approaches Critical Support: Market Stuck In Limbo

Yigit Taha OZTURK — Mon, 14 Jul 2025 15:00:54 +0000

The crypto market continues its indecisive course, and the focus has shifted to the Tether Dominance chart. Recent technical movements offer clues about capital flow and market sentiment.

Support Levels Breached, Eyes On The Next Zone

After breaking a minor upward trend on the daily chart, Tether Dominance pulled back to the 4.44% support level. Failing to hold this line, it dropped further into the critical 4.19% – 4.07% range.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

This area is seen as a key psychological zone by many traders. A confirmed break below 4.07% could push Tether Dominance down to 3.95%, which may indicate a stronger capital shift into cryptocurrencies and signal a potential rally.

Range-Bound Movement May Continue

In the short term, Tether Dominance is expected to move within the 4.07% to 4.44% band. This range-bound behavior points to a market lacking a clear direction, leading to cautious trading behavior from both buyers and sellers.

During this period, major cryptocurrencies like Bitcoin and Ethereum are likely to show sideways movement rather than strong trends. Traders should remain cautious and monitor this band closely for signs of a breakout or further decline.

USDT.D pair daily chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Tether Dominance Approaches Critical Support: Market Stuck In Limbo appeared first on Coin Engineer.

Bitcoin Faces Resistance At $109,400: Is A Move Toward $110K Coming?

Yigit Taha OZTURK — Mon, 07 Jul 2025 07:00:41 +0000

The crypto market’s attention is once again on Bitcoin, which recently broke above a key resistance but couldn’t hold higher levels. As bulls and bears battle for short-term control, the price is now hovering near a crucial technical zone.

Rejection From $109,400 Resistance Level

Over the weekend, Bitcoin broke past the previously highlighted $108,791 resistance and surged to $109,400. However, this level acted as a strong resistance, prompting selling pressure and a pause in the upward momentum.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If BTC manages to close above $109,400, the likelihood of a move toward the psychological $110,000 mark increases significantly. Such a breakout would signal renewed bullish strength.

$108,791 Turns Into Key Support

In contrast, failure to sustain above resistance could lead to a retest of the $108,791 level, which now serves as a key support. A breakdown below this level may open the door for a deeper correction toward $108,000 or even lower.

Traders are advised to closely watch these levels as price action near them may define the next short-term trend in Bitcoin.