As we know bitcoin prefers weak dxy in a downtrend.
But as we can see (orange rectangles) we had periods where dxy was going up with btc. Nevertheless strong upward movements on crypto were analogic to downtrend on dxy .
So far DXY looks very strong and bitcoiin struggles.
From earlier periods when dollar was in accumulation phase we had 5-wave movements, with 3 big waves down. Actually we miss that third wave down.
So there is still a chance that dxy won't break orange trend line on higher time frames and will collapse. That wuold indicate long term wave up on crypto.