The big rebound has arrived as expected, Bitcoin rises first, and the altcoin season is on the way 🚀.

The liquidity indicator is calculated by dividing the M2 money supply by the dollar index. When M2/DXY rises, investors may expect the prices of risk assets to increase, as rising liquidity and a weak dollar reduce the cost of holding non-dollar assets.

When M2/DXY falls, it may indicate a tightening monetary environment, a stronger dollar, and favorable conditions for dollar assets.