$DXY has now reached the same level as April 2022.

Back then, DXY was in an uptrend while the crypto market was in a bear market.

This time, DXY is in a downtrend while crypto market is in its most bullish year (post-halving year).

The current DXY dump looks similar to Q3/Q4 2020, which send BTC and alts to new highs.

The only difference is Fed isn't doing QE now, but global M2 supply is rising.

All we need is a bullish catalyst and liquidity will flow into risk-on assets.