Forecast Trend Report by Period
Bitcoin has reentered a risk-off phase, crypto analytics firm Swissblock said. As risk indicators move deeper into high-risk territory, Tether's USDT dominance is rebounding, reinforcing signs of a defensive flow of capital.
In a post on X on May 29, Swissblock wrote that "Bitcoin has once again chosen to retreat into risk-off mode." It called the move the defensive shift it had been warning about.
Swissblock said USDT dominance is rising again as its risk indicator accelerates further within a high-risk zone. That suggests market capital is moving into defensive positions rather than chasing gains.
It added that the current sequence points to expanding risk, weakening structural strength in Bitcoin and a rebound in USDT dominance.
"In this environment, the market prioritizes survival over upside," Swissblock wrote.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
