This week is all about economic data and how the dollar (DXY) reacts.
What’s on deck (ET):
- Tue Feb 10, 8:30am: Retail Sales release (rescheduled)
- Wed Feb 11, 8:30am: Jobs Report (Employment Situation)
- Fri Feb 13, 8:30am: CPI (Consumer Price Index)
Why this matters:
- DXY up usually = tighter conditions → more fake breakouts in BTC/ETH
- DXY down usually = easier conditions → trends hold better
How to trade it tomorrow:
- Don’t chase the first move after data.
- Watch DXY: if it breaks + holds, that’s your regime.
- Trade BTC/ETH only after break + hold (confirmation > candles).
- If it’s messy, trade smaller or stay flat.
Question: Are you watching DXY before you take a crypto trade this week?