๐บ๐ธ๐ค After Donald Trump took office, the dollar entered a 7-month downtrend โ fueling the rally in risk assets like stocks and crypto.
But the trend may be shifting. Over the past 3 weeks, the DXY has climbed over 3%, now testing a potential trend reversal.
A strengthening dollar could mean incoming pressure on risk assets โ prepare for possible market correction ahead. #macro
#ETHCorporateReserves #BinanceHODLerTree #US-EUTradeAgreement