Cosmic Crypto
Region: US
Monday 22 June 2026 22:02:47 GMT
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Cosmic Crypto :
DXY is holding above 100 while the yen just hit its weakest level in nearly 40 years. A big reason the dollar index can even stay here right now is because the yen is getting destroyed. That’s component support, not clean dollar strength. When the yen eventually bounces, one of the main props under DXY comes out fast.
2026-06-22 22:05:47
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Fish Finity :
No doubt about it! 🔥🔥🔥
2026-06-23 05:09:20
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ThE eDgE :
💯💪
2026-06-22 23:02:57
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Cosmic Crypto :
Right now, this is more yen weakness than dollar strength. DXY is being propped up by an extremely weak yen and fear flows, rather than standing on its own with clean momentum and conviction. That’s why the move still feels choppy and effortful even while it’s retesting 101. When the yen eventually stabilizes or bounces (which historically happens after moves this stretched), one of the biggest supports under DXY gets removed. That’s when we’ll see whether the dollar can actually stand on its own above 100 or whether this was mostly a pressure stack that unwinds. This is exactly why I’m still treating it more like a fakeout until we see real proof otherwise. @CryptoGlenn
2026-06-22 22:08:13
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