A perspective on the current market situation.

Why is the general market rising?

The fact that the DXY (US Dollar Index) has surpassed the peak of 109 has created a strong effect. When the DXY rises, the USD strengthens against other currencies, causing capital to flow from around the world into the US. This particularly attracts large investment funds, and the channel is a choice after stocks, US government bonds.

Currently, the Crypto market is also experiencing a short-term increase until the DXY shows signs of weakening again. I have closed my short positions to buy and hold Spot positions.

Combining macro factors into trading will help you better identify market trends.

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