US Degen Index 6900 (DXY)

$DXY — The Hot Topic
Is this consolidation before another leg up? I think that’s most likely the case.

However, on the LTF, we’ve started to see some weakness — at least as an intraweek trigger — which could lead to a pullback toward one of the blue boxes if we start losing the red box.

If we do pull back into the blue box, I would expect it to hold and lead to another leg higher or a reclaim of 100.39.

All over of this to look bearish you need to see it losing the green line otherwise its looking fine for higher.

The idea that a bearish $DXY automatically equals a bullish $BTC thesis can officially be thrown in the trash.

The correlation just hasn’t held consistently, and anyone still treating that relationship as a guaranteed signal is trading a narrative, not the chart. https://t.co/qjDkWMzW3h

$DXY below 96.
A threshold few notice, fewer understand.
Last time it broke, $BTC rewrote gravity. https://t.co/TORhHFcCBo