USDT dominance is approaching 5%, indicating a possible Elliott Wave C correction, according to recent chart analysis. Analysts are observing a peak near 5.17%, with support levels anticipated between 4.80% and 4.40% to guide the next market phase. Current volume and momentum indicators suggest traders are bracing for a liquidity shift between Bitcoin and altcoins. The market structure hints at a five-wave downward pattern, potentially driving USDT dominance down to 4.40% if the correction unfolds as projected.