🚨 $ETH vs. $DXY: inverse correlation unlocked – Bull Run incoming? 🚨
My TA shows that $DXY has broken down from long-term support and looks poised for further declines (currently ~97.8 and weakening). That could spark a major rally in crypto, especially $ETH. To dig deeper, I turned to @Perplexity_AI for insight on how DXY impacts crypto markets (especially looking ahead). It quickly highlighted that ETH stands out with one of the clearest inverse relationships to DXY, even stronger than BTC.
Perplexity delivered a clean, sourced table mapping historical DXY peaks to ETH bottoms (and vice versa), with dates, prices, and context. Plus, professional takeaways like: - ETH shows a clearer inverse dynamic to DXY than BTC, driven by its yield-generating nature (staking/DeFi) and sensitivity to USD liquidity. - DXY strength pushes capital into safe havens, pressuring ETH; DXY weakness fuels rallies via expanded liquidity. - This correlation explains ~40–60% of ETH’s volatility, tightening during policy shifts. All backed by references, no guesswork. This level of historical data pull, table generation, and expert analysis in seconds? Perplexity’s real-time search + AI models are a trader’s secret weapon for spotting macro trends. Chart attached with the table and my overlays. Thoughts on ETH’s next move? #ETH #DXY #CryptoTrading #MacroAnalysis #PerplexityAI
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🚨 $ETH vs. $DXY: inverse correlation unlocked – Bull Run incoming? 🚨
My TA shows that $DXY has broken down from long-term support and looks poised for further declines (currently ~97.8 and weakening). That could spark a major rally in crypto, especially $ETH.
To dig deeper, I turned to @Perplexity_AI for insight on how DXY impacts crypto markets (especially looking ahead). It quickly highlighted that ETH stands out with one of the clearest inverse relationships to DXY, even stronger than BTC.
Perplexity delivered a clean, sourced table mapping historical DXY peaks to ETH bottoms (and vice versa), with dates, prices, and context. Plus, professional takeaways like:
- ETH shows a clearer inverse dynamic to DXY than BTC, driven by its yield-generating nature (staking/DeFi) and sensitivity to USD liquidity.
- DXY strength pushes capital into safe havens, pressuring ETH; DXY weakness fuels rallies via expanded liquidity.
- This correlation explains ~40–60% of ETH’s volatility, tightening during policy shifts.
All backed by references, no guesswork. This level of historical data pull, table generation, and expert analysis in seconds? Perplexity’s real-time search + AI models are a trader’s secret weapon for spotting macro trends.
Chart attached with the table and my overlays. Thoughts on ETH’s next move?
#ETH #DXY #CryptoTrading #MacroAnalysis #PerplexityAI