Observing a potential ABC correction on USDT.D which coincides with BTC. This was my initial plan. Wave B has extended a little higher than I expected, but I still think the structure is valid. We’re testing the 0.382–0.5 zone, just as we did last time. In 2023, price deviated below the major low marked by the black dot, reclaimed it, then broke down again to form a Wave B high before the final move lower. The invalidation and trigger are straightforward really, If USDT.D rejects this zone and starts losing the black dotted low, that would suggest a similar pattern is playing out. For now, bears are in control. Bulls need to see USDT.D lose that black dotted low before considering a move higher on the HTF. If we can’t get back below the black dot, bulls are in danger short term.