10-year Treasury yields ripping parabolic right now 📈

This is the macro signal everyone should be watching. When bonds sell off this hard, liquidity tightens across the board.

Risk assets ($BTC, $ETH, alts) typically get hit in the short term as capital flows to safety or sits on sidelines.

But here's the flip: if this continues, Fed might be forced to pivot sooner than expected. That's when we see the real pump.

Watch the bond market. It dictates everything.