The US Dollar Index (DXY) has dropped in the short term and is now reported at 99.41. - Bitget

The US Dollar Index (DXY) has dropped in the short term and is now reported at 99.41. - Bitget

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ETHUSD

Ethereum / Dollar BITFINEX:ETHUSD

ovvnyou

As shown by my other posts, I've been anticipating a second black swan event, similar to 2020. I believe this will be the final one of its kind for our generation...

I will not be shorting anything other than Ethereum. I think everyone that has a crypto as an investment, has ETH. Nobody knows why they have ETH, other than that it's good. I'm not saying ETH isn't good, it is, but almost nobody hold ETH actually knows why, other than they've heard that it's good.

For this reason, I believe when the selling begins, Ethereum will be one of the hardest hit assets, but have the most smooth selloff (minimal wicks). I have concentrated my efforts here, for a continuous trigger-short strategy.

source https://www.tradingview.com/chart/ETHUSD/EvJpznWR-ETHUSD/

BTC Dominance Retests 50 EMA — Alt Season Loading?

Market Cap BTC Dominance, % CRYPTOCAP:BTC.D

unichartz

BTC dominance broke below the 50 EMA and is now retesting that zone after a sharp correction.

If it fails to reclaim the EMA, we could see dominance sliding lower, giving room for altcoins to rebound.

But a clean reclaim above this level might extend BTC’s lead a bit longer before the next rotation.

DYOR, NFA

source https://www.tradingview.com/chart/BTC.D/FGcTnfoP-BTC-Dominance-Retests-50-EMA-Alt-Season-Loading/