BREAKING

Will Dollar Depreciate? Experts Warn of Potential Profit-Taking After Policy Delays

ETH

ETH/USDT

$1,830.37
+9.97%
24h Volume

$16,249,269,830.68

24h H/L

$1,849.54 / $1,658.95

Change: $190.59 (11.49%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,778.21

-1.00%

Volume (24h): -

Resistance Levels
Resistance 3$1,963.30
Resistance 2$1,872.11
Resistance 1$1,796.50
Price$1,778.21
Support 1$1,725.29
Support 2$1,627.04
Support 3$1,505.68
Pivot (PP):$1,781.71
Trend:Downtrend
RSI (14):43.8

In a recent analysis by Jane Foley from Rabobank, it was highlighted that potential delays in the implementation of tariffs and proposed policies in the U.S. could lead to a significant depreciation of the dollar. Foley emphasized that since October, market players have largely priced in a plethora of bullish news regarding the dollar’s performance. She warned that if there are further delays in policy execution, particularly by notable figures such as Trump, it could open the door for additional rounds of profit-taking, ultimately impacting currency valuations. Investors are advised to monitor these developments closely, as shifting regulatory environments can have profound effects on the foreign exchange market. As the situation unfolds, the strategies surrounding dollar positions may require reevaluation to align with current economic indicators.

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