Macro Context: What the Dollar Is Doing
EUR/USD is at 1.1702 (0.033%). Dollar strength is in play — a headwind for crypto as risk assets typically struggle against a rising DXY.
USD/JPY at 156.56 (2.021%): Yen strength signals safe-haven flows, which can cap crypto upside in the near term.
3 Things to Watch
- BTC resistance at N/A — A clean break above signals continuation and could pull altcoins into a catch-up rally.
- Market breadth at 0% — Breadth below 40% means most coins are falling — be selective, favour large-cap positions.
- Fear & Greed at 29 (Fear) — Neutral sentiment suggests the market is watching for a clear directional catalyst.