According to Omkar Godbole (@godbole17), the Dollar Index (DXY) may have formed a bottom, with expectations of a rebound towards the 102 level (source: Twitter, June 18, 2025). For cryptocurrency traders, a strengthening dollar historically exerts downward pressure on assets like Bitcoin (BTC) and Ethereum (ETH), as crypto markets often move inversely to the dollar. If the DXY climbs to 102, traders should monitor major crypto pairs for potential short-term volatility and possible pullbacks. This development is especially relevant for those trading BTCUSD and ETHUSD pairs.

According to Mihir (@RhythmicAnalyst) on Twitter, the daily trend for Bitcoin (BTC) remains intact, with $100,000 highlighted as a major support level. This technical confirmation is significant for traders, suggesting that as long as BTC price stays above $100k, bullish momentum is likely to continue. The identification of such a strong support zone provides clear reference points for risk management and position sizing for both short-term and long-term crypto traders. Source: Mihir (@RhythmicAnalyst), Twitter, June 13, 2025.