DXY at the Crossroads: How the 108–110 could reshape the market

Key Highlights

The U.S. Dollar Index is currently near an important resistance level of 108–110.

A potential reversal of the dollar at this level could lead to further growth in stock markets and strengthen cryptocurrencies, while a break above 110+ would continue to put pressure on risk assets.

If surpasses 110 and holds above it, there is a possibility of reaching as high as the 120 mark. A rejection from the 108–110 zone would indicate a downward trend developing, possibly pushing the index toward the 98 area or lower.

Future outcomes will depend on Federal Reserve monetary policy, global demand for the dollar and other safe-haven assets, as well as overall economic stability.

What about crypto?

There are serious risks for &
A long-term perspective on suggests that “alt seasons” tend to occur during periods of dollar weakness. Currently, the 108–110 zone and the MA50-W are pivotal. A potential DXY reversal here may act as a catalyst for another major altcoin rally in the coming months, while continued dollar strength could postpone any such “alt season.”

Shaka

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