[Willy Woo: DXY is More Suitable Than M2 for Evaluating Bitcoin Correlation] On November 13, crypto analyst Willy Woo stated that Bitcoin's price is speculative and often leads the expansion of global M2 supply, serving as a liquidity-sensing mechanism. At the peak of global markets, the S&P Index and Bitcoin tend to top out in advance. Moreover, M2 as an indicator has flaws, as it reflects the strength of the US dollar more than the total amount of fiat currency in the system. In contrast, DXY (Dollar Index) is more reliable when evaluating Bitcoin correlation.