An aggressive decline in DXY is an essential companion of any altseason. A strong dollar always hinders the growth of risk assets. TOTAL2TOTAL3 & OTHERS simply won’t rise without this.
Every few years, money is given away in the market. Literally. But the problem for many is that, due to their past experiences and deeply ingrained associations, people don’t take this money. They are, quite literally, not ready to accept it because they don’t believe it’s possible. They think there’s no such thing as free money, so they look for a catch and become extremely cautious. In the end, they just walk past it.
Then, they hear stories from friends and acquaintances about how those people received free money. More and more people they know have gotten it.
Eventually, they can’t shake the thought that everyone around them got free money, and they didn’t. So they go to the place where the free money was being given away, heavily influenced by the stories from their friends.
They say, “Hi, I’m here to get free money.” But by then, the free money is no longer being handed out. The free money for early participants is paid for by the latecomers.
BTCUSDT is ready to storm the $100,000 mark and push toward 110k-140k. USDT.D is steadily declining, BTC.D is showing the first clear signs of cooling, and the leaders of this cycle (PEPEUSDT, SOLUSDT) are breaking through their all-time highs, ready to race into new territories. Do you still not believe in the altseason? Are you looking for confirmation and waiting for a deep correction of OTHERS to points of interest?