Market cap USDT is falling

USDT's Market cap has increased since November 2021, the start of bear market. A big amount of USDT has been sideline for a longtime.

However, the trend is changing because USDT market cap has just broken the longterm trendline. The MA 200D support is about to be broken as well.

It's hard to confirm with certainty that this is a turning point. But people are buying cryptos, more and more.