If you want to understand why BTC and ETH chop or trend, stop staring at crypto only.
Watch DXY (the dollar) and commodities.
Why DXY matters:
DXY up = tighter global liquidity → risk assets struggle to trend cleanly
DXY down = looser conditions → risk assets usually get better follow-through
Why commodities matter:
Gold/Silver up = hedging + uncertainty rising (risk gets selective)
Gold/Silver down hard = deleveraging / margin pressure (can spill into everything)
What to do today:
If DXY is rising, trade smaller and require stronger confirmation.
If gold/silver are moving violently, expect wicks and fake moves.
If DXY cools + commodities stabilize, crypto trends become more reliable.
Simple rule:
When the dollar and commodities are unstable, crypto is usually unstable too.
Question:
Are you watching DXY and metals before taking crypto trades, or only looking at BTC/ETH charts?