US DOLLAR ANALYSIS

The US Dollar has decisively broken down from the descending triangle pattern, supported by strong volume, and has already confirmed the move with a clean retest of the breakdown level.
Price action remains capped below the Ichimoku Cloud, which is now acting as a dynamic resistance zone, reinforcing the prevailing bearish market structure.
This alignment suggests that sellers remain in control, increasing the probability of continued downside momentum in the near term.
From a broader market perspective, sustained weakness in the US Dollar typically favors risk-on assets.
Given its well-known inverse correlation with the crypto market, further downside in DXY could act as a supportive catalyst for bullish momentum across cryptocurrencies.