30-year US Treasury yield just hit 5.31% — highest since 2007.

Debt spiraling. Inflation sticky. Bond supply flooding the market.

Long-term Treasuries getting crushed. This is the macro backdrop everyone's ignoring while aping into memecoins.

When TradFi cracks, liquidity dries up fast. Risk-on assets ($BTC, alts) usually bleed first before the Fed pivots.

Watch DXY and yields. If they keep ripping, expect chop and pain across crypto.