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DXY
Short Entry 97.2840 2025-09-16 04:59 UTC
Target 91.8000 Fail 99.0000
Risk/Reward 1 : 3
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DXY
Pending
Forex
Technical
1H
Analysis Predict Bear Market
The analysis discusses the total cryptocurrency and altcoin market caps, bitcoin's short term trends, and the DXY. The analyst points out for the total altcoin market cap there is a rejection, however this market is trending upward. Important levels of resistance and support are identified for the cryptocurrency total market and altcoin market cap. A potential target of 4T is mentioned for the total cryptocurrency market cap. Furthermore a break of 119500 is needed to continue bullish momentum with bitcoin, setting that level as a point of interest in the short term with a bearish sentiment below the level. The dollar is expected to decline to a 91.800 range, however this analysis is a rough estimate. Attention should be paid to the press conference following the interest rate decision, with market response depending on whether tone is bullish or bearish.
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