Craig Cobb focuses this week on a market many crypto investors overlook: the U.S. Dollar Index. After breaking above major resistance around the 100 level, Craig believes the dollar may be beginning a larger move higher toward 106. Historically, stronger dollar environments have created pressure for equities and other risk assets, leading him to question whether Bitcoin could face another leg lower if the trend continues.
On the crypto side, Craig remains cautious. Bitcoin continues struggling below key resistance around $65,000, and while a move above roughly $67,300 could shift the daily trend back to bullish, he believes the probabilities still favor downside for now. Across the broader market, assets like Cardano, Dogecoin, Solana, and XRP remain trapped below important resistance levels, with Tron standing out as one of the few exceptions showing relative strength.
Craig's message remains simple: trade the trend, not the narrative. While last week's decline created profitable opportunities for traders, the market is now sitting in what he calls \"no man's land.\" Until clearer trends emerge, he believes patience, risk management, and waiting for high-probability setups remain the best strategy.
Check Craig out at:
Market Intern: https://marketintern.com/
The Grow Me Co: https://www.thegrowmeco.com/
Happy Hodling, Everyone.
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