The dollar index has been resting for a few days after the defeat of the resistance, which subsequently saw rest and suffering in the crypto market.
In the daily chart of this index, after completing it within the time, we see an increase in demand and getting a bullish guard again in this index, which will probably complete its last bullish lag and lead to another downturn in the crypto market.
Meanwhile, another 25% increase in the Federal Reserve meeting could intensify this momentum, and then we will see a more balanced stock and crypto markets.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.