DXY Dip = Alt Relief?
DXY is finally pulling back post-CPI, offering a brief window of liquidity. Don't mistake this for a full Fed pivot, but it provides some temporary breathing room for risk assets. Macro remains tight.
đ„ Market Focus: $ETH $ZEC
This DXY softness offers a lifeline. Bitcoin is battling resistance, and we're seeing nimble capital rotating into alts. ETH and ZEC are showing signs of life, trying to carve out local bottoms amidst the overall bearish sentiment.
Are you fading this DXY relief rally or positioning for a dead cat bounce?
#ETH #Inflation #MacroEconomy #FedHikeOddsRiseTo89% #BinanceSquare
DXY is finally pulling back post-CPI, offering a brief window of liquidity. Don't mistake this for a full Fed pivot, but it provides some temporary breathing room for risk assets. Macro remains tight.
đ„ Market Focus: $ETH $ZEC
This DXY softness offers a lifeline. Bitcoin is battling resistance, and we're seeing nimble capital rotating into alts. ETH and ZEC are showing signs of life, trying to carve out local bottoms amidst the overall bearish sentiment.
Are you fading this DXY relief rally or positioning for a dead cat bounce?
#ETH #Inflation #MacroEconomy #FedHikeOddsRiseTo89% #BinanceSquare