Opinion: In a trending market, simply going long is far easier than attempting to short with precision; USDT.D suggests the low may have already formed.

BlockBeats news, November 5th - Renowned trader Killa stated that observing the USDT market dominance indicator USDT.D, Bitcoin's outlook is starting to look more optimistic. After USDT.D precisely retested the 0.786 Fibonacci level and encountered strong rejection, according to fractal structure, Bitcoin may still pull back to the $77,000 to $78,000 range, but USDT.D's movement suggests the low may have already formed.

Killa also stated that in trending market conditions, "single long positions" are far easier than "attempting precise shorting".