FuckSquid
#Gate广场圣诞送温暖
DXY has been moving sideways for 7 months, and altcoins are almost wiped out by rapid declines.
You thought there would be a direct crash or an immediate start to an altcoin bull market, but in reality, the DXY just won't go down, and BTC.D remains stagnant at high levels.
The past two bull cycles have both confirmed that "DXY pullback + BTC.D plunge = altcoin explosion," but this time, maybe we just aren't patient enough.
Perhaps their correlation has already weakened?
The market structure has changed.
Sentiment is no longer synchronized, and the dollar correlation has weakened.
DXY has been moving sideways for 7 months, and altcoins are almost wiped out by rapid declines.
You thought there would be a direct crash or an immediate start to an altcoin bull market, but in reality, the DXY just won't go down, and BTC.D remains stagnant at high levels.
The past two bull cycles have both confirmed that "DXY pullback + BTC.D plunge = altcoin explosion," but this time, maybe we just aren't patient enough.
Perhaps their correlation has already weakened?
The market structure has changed.
Sentiment is no longer synchronized, and the dollar correlation has weakened.
BTC1%





