Why keeping an Eye on Dollar Index is crucial today!

Hello Everyone,

we just noticed that DXY is extremely bullish at the moment, and thus we can conclude that the majority of Traders both on Organizational and Individual Level are having their doubts about the market.

Looks like Dollar index will open with a Gap Up tomorrow, and thus it can result in sudden drop of Crypto Markets. Obviously we may be able to survive for a day tomorrow, but the Trend in DXY has actually turned in favor of Bears in Crypto Market.

We will be monitoring our trades today and no new trades will be added to our Accounts just for today. Since the majority of Market wants to go Long, but Factors like Dollar Index and BTC.D are against of it.