As we know, currencies and stocks in the financial markets are mostly paired with the US dollar. This is also the case with cryptocurrencies. If we expect a strengthening of the dollar, currencies and other instruments with it will weaken. Currently, we can observe a correction on the ETH which may be related to the data that is expected to appear at 14.30 European time. The expectations are for an improvement in the US situation, which means that the dollar puts pressure on the stocks with which it is paired. Additionally, we can observe a divergence on the H1 time interval.
