#FedDovishNow After the dovish turn of the Fed, the markets show interesting technical reactions:

1. DXY (Dollar Index):

Breaks key support in the 103.5 – 103.0 zone.

Bearish bias unless it recovers 104.

2. Treasury Bonds (10Y):

Yield drops to 3.9% – 4.0%.

Confirms flow towards riskier assets. 3. S&P 500 and Nasdaq:

Recovery above short-term resistances.

S&P targeting 5,600 pts as the next objective.

4. Bitcoin (BTC):

Benefited by greater liquidity, respecting support at $63,500.

If it maintains momentum, it may test resistance at $68,000 – $70,000.

5. Ethereum (ETH):

Better relative performance against BTC.

Key to surpass $3,800 to enable a rally towards $4,200.

📌 In summary: The dovish tone of the Fed weakens the dollar and strengthens risk. Crypto and tech could be the big winners. 🚀