Trench Brief No. 31: BTC is holding steady above $113k with RSI mid-50s, a sign momentum is cooling but not breaking. Consolidation here sets up room for either a breakout or retest if volumes shift.
ETH is drifting in neutral territory around $4.1k, struggling to front-run BTC moves. Watch for flows into ETH/BTC as a tell on whether rotation is brewing.
DXY continues to creep higher. With RSI pressing into the low 60s, it’s acting as a quiet headwind for risk assets. If dollar strength extends, it could cap crypto rallies near resistance.