The Trust Layer for Market Analysts

The analysis focuses on three key charts: HBAR/USD, USDT.D, and TOTAL2. For HBAR/USD, the presenter identifies a potential double bottom pattern on the weekly chart, suggesting a bullish outlook with a target of $0.11, while a break below $0.07 would invalidate the setup. The current price is noted at $0.0892. The USDT.D chart, representing the US Dollar Dominance, shows a bullish trend with the price currently at 7.5%, and a target of 8.5% is projected. A failure below 7.0% would invalidate this bullish thesis. The TOTAL2 chart, which tracks the total crypto market cap excluding Bitcoin, indicates a bearish trend but with a potential for a bullish reversal. The presenter suggests that if the total crypto market cap can reclaim and hold the support at 2.3 trillion dollars, it could signal a move upwards, with a target around 3.5 trillion dollars. However, a break below 1.65 trillion would suggest further downside. The analysis suggests that a weakening USDT.D and a recovering TOTAL2 chart could coincide with an altcoin season, driven by the potential for HBAR to break its consolidation pattern.