Just a reminder, the US Dollar Index DXY has experienced a year of decline and is now beginning to stabilize, showing signs of a rebound. If the US Dollar Index rises once again, it will be bearish for assets such as US stocks, Bitcoin, gold, and A-shares.
Currently, gold, A-shares, and the Japanese stock market all show potential short-term top structures. It is expected that within the next 1-2 months, after a top consolidation, the market may undergo a significant correction. The triggering factors could be inflation data, with the PCE data on January 22 and the CPI data on February 11 potentially sparking a violent rebound in the US Dollar Index. US inflation is rebounding, and the Federal Reserve breaking market expectations of rate cuts will directly push up the dollar and kill valuations. $BTC #Gate广场创作者新春激励
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Just a reminder, the US Dollar Index DXY has experienced a year of decline and is now beginning to stabilize, showing signs of a rebound. If the US Dollar Index rises once again, it will be bearish for assets such as US stocks, Bitcoin, gold, and A-shares.
Currently, gold, A-shares, and the Japanese stock market all show potential short-term top structures. It is expected that within the next 1-2 months, after a top consolidation, the market may undergo a significant correction.
The triggering factors could be inflation data, with the PCE data on January 22 and the CPI data on February 11 potentially sparking a violent rebound in the US Dollar Index.
US inflation is rebounding, and the Federal Reserve breaking market expectations of rate cuts will directly push up the dollar and kill valuations. $BTC #Gate广场创作者新春激励