Tether
USDTLast scan 2h ago
Moderately bullish (60% confidence)
Why this score
Tether’s Confidence Score rose slightly to 60.4 out of 100 (up from 59.9), driven by a positive short-term MACD momentum signal alongside maximum sub-scores of 100 in both risk and derivatives metrics. Despite this minor bump, the overall score remains anchored by a low network sub-score of 26, as the price continues to trade below its 200-day moving average. This weak network performance is primarily caused by on-chain activity dropping 11% below its 30-day average. The single biggest thing to watch next is whether on-chain network activity can rebound from its current 11% decline to support broader usage.
- MACD above signalHistogram 0.00 — short-term trend is up.
- Below 50-day averagePrice is -0.0% below the 50-day moving average.
- Below 200-day averageLong-term trend structure is broken.
- Network activity fallingOn-chain activity is 11% below its 30-day average.
Nothing flagged.
Score breakdown
Categories marked est fall back to free public data (exchange order books, global news tone) when a paid feed is off, and count at 60% weight. Only categories with no usable data at all score n/a, and their weight is spread across the rest.
What changed since the last scan
2h agoTether’s confidence score remained largely steady, nudging up slightly from 59.9 to 60.4 since the last scan with no new anomaly flags reported. This minor rise was driven by network usage increasing 2.3 points from 24 to 26, which offset a 3.8-point drop in news sentiment from 66 to 62 amidst regulatory headlines such as France advancing stablecoin tax proposals. These small, opposing shifts matter because they show underlying network activity holding firm even as media sentiment experienced a modest decline.
- • Network usage up 2.3 points (24 → 26)
- • News sentiment down 3.8 points (66 → 62)
AI confidence meter
- Data quality
- Fair
- Category coverage
- 75%
- Conflicting signals
- 1
- Missing data
- Development, Social sentiment
- • 6 of 8 score categories had data this scan
- • 3 of 5 data feeds responded
- • 1 signal contradict the overall read
- • Score is 10 points off neutral
Bull case vs bear case
Both cases built from the same evidenceBull case
USDT displays exceptional stability metrics, highlighted by perfect risk (100) and derivatives (100) sub-scores along with a solid news sub-score of 62. Short-term momentum is positive with the MACD positioned above its signal line and a histogram of 0.00. Additionally, industry expansion—such as BingX and YouHodler entering the ESMA MiCA register—underpins continued institutional stablecoin adoption.
Bear case
Network metrics present a major vulnerability, with the network sub-score lagging at 26 as on-chain activity sits 11% below its 30-day average. Technical indicators reflect a broken long-term trend structure, with price trading below both its 50-day (-0.0%) and 200-day moving averages. These underlying weaknesses limit the overall confidence score to a mediocre 60.4/100.
Balanced read: The evidence currently favors a cautious bull case due to flawless risk (100) and derivatives (100) scores paired with an intact short-term MACD trend. A deeper contraction in on-chain network activity below its current 11% deficit or tightening regulatory burdens—such as France's proposed stablecoin tax—would flip the bias toward the bear case.
Anomalies detected
All signals →The score went from 65.0 to 54.4. Moves this large in one scan usually mean a category flipped rather than drifted.
The score went from 69.0 to 60.1. Moves this large in one scan usually mean a category flipped rather than drifted.
Market mood timeline
Last 45 days · from momentum and volatilityToday: Optimistic — Down 0.0% over 30 days; At or near the running high; Realised volatility 1%
What USDT is moving with
Full market structure →Price history
Daily closes · CoinbaseTechnical indicators
Network & development
Score over time
Related news
No headlines tied to Tether yet.
Missing from this report
- Whale wallet movements — needs Arkham / Nansen / Whale Alert API key
- Exchange inflows & outflows — needs Glassnode or CryptoQuant API key
- Order-book depth & spreads — needs Exchange L2 market-data feed
- ETF & institutional flows — needs Farside / SoSoValue data feed
- Staking yield & % staked — needs Staking Rewards or beacon-chain API