Founders

Tether (USDT.D) has been showing some interesting behavior in the past few days. The price has returned to the channel with great force and speed after a fake breakout at the channel bottom. This reversal indicated a rapid change in market sentiment, indicating an increase in traders’ willingness to hold Tether and create liquidity. This strong reaction to the channel bottom initiated a sharp upward move that has now taken the price to the channel top, causing a dump in the crypto and Bitcoin markets.