🔥 DOLLAR CRASH FUELS CRYPTO RALLY—DXY BEARISH WEEK CONFIRMS RISK ON! 🔥

🔹 Weekly Bearish: The latest DXY weekly candle closed below key support, reinforcing the downtrend that’s been in play since March—no sign of a reversal yet.
🔹 RSI & Resistance: RSI plunged to 42, and the 50-week MA at 105.10 continues to cap any rallies, signaling continued dollar weakness.
🔹 Below Par: The index now trades under 101.00, trying to find a floor as risk-on flows pick up steam.
🔹 Fed Holds: After the Fed decision, USD bulls stalled—DXY only ticked up 0.45% post-rate pause, giving alts room to breathe.

🚀 Crypto Impact:
• Bitcoin Inflows: Net 12,500 BTC moved to exchanges on May 15, but whales hoarded 8,000 BTC, balancing the narrative.
• ETH Volume: Trading volume spiked 15% to $850 M, correlating with the dollar’s fall.
• ETF Appetite: GBTC saw $27 M of inflows on May 14, underscoring renewed institutional demand.
• Inverse Correlation: DXY vs. crypto sits at –0.78, while S&P 500 vs. BTC is +0.65, highlighting the shift into risk assets.

🤔 Your Move: Are you stacking sats or locking in profits as the dollar dives? Drop your play & tag a friend!
🔁 REPOST to supercharge the Square algorithm—let’s ride this macro rotation together!

#BTC #ETH #EthereumSecurityInitiative #MastercardStablecoinCards #BinancePizza

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