Bitcoin Faces Aggressive Shorting as Dollar Index Surges
Dollar Index (DXY) surges to an 18-month high, with bearish derivatives activity and a wave of long liquidations adding to concerns about the cryptocurrency's near-term outlook
Why it matters
Macro positioning around BTC and NEAR can change volatility, liquidity, or sentiment. The concrete detail to watch is dollar Index (DXY) surges to an 18-month high, with bearish derivatives activity and a wave of long liquidations adding to concerns about the cryptocurrency's near-term outlook
