The dollar index just got pushed back from a major resistance zone—a confluence level that's been acting as a ceiling.
This pullback? It's actually giving some breathing room to risk assets priced in USD. However, when it comes to BTC, the real game-changer isn't just dollar weakness. Liquidity is what drives the market.
Worth noting: quantitative tightening officially wrapped up today. While it's not a silver bullet, ending QT should at least ease some of the liquidity pressure we've been dealing with.
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0xOverleveraged
· 5h ago
QT has finally ended, and liquidity can breathe a sigh of relief... but can this really save BTC? I don't think so; the key still depends on whether continuous injections can be maintained.
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PriceOracleFairy
· 5h ago
ngl the liquidity narrative hits different when qt actually ends... watched this bounce off resistance like clockwork, almost too perfect? 🤔 real question tho—is btc actually responding to dollar weakness or just frontrunning the liquidity thaw we all felt coming
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AirdropHunter007
· 5h ago
Liquidity is the key. A weak dollar is a plus but not a deciding factor. With QT ending, we can finally take a breather.
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GasGoblin
· 6h ago
Liquidity is the king, the dollar trap is important but not everything, the end of QT should release some pressure.
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NFT_Therapy
· 6h ago
QT has finally come to an end. This will ease the liquidity pressure a bit, but don't celebrate too soon; the US dollar also needs to cooperate.
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StableCoinKaren
· 6h ago
Liquidity is the key, and the weakness of the US dollar is just superficial... Finally, QT has ended, and we can breathe a sigh of relief.
The dollar index just got pushed back from a major resistance zone—a confluence level that's been acting as a ceiling.
This pullback? It's actually giving some breathing room to risk assets priced in USD. However, when it comes to BTC, the real game-changer isn't just dollar weakness. Liquidity is what drives the market.
Worth noting: quantitative tightening officially wrapped up today. While it's not a silver bullet, ending QT should at least ease some of the liquidity pressure we've been dealing with.