10-year Treasury yield just punched through 5.2% — highest in 19 years. That's not noise, that's a macro headwind you respect.
When risk-free rates climb like this, capital flows out of spec plays and into safe yield. Financial conditions tighten. Leveraged positions feel the squeeze. $BTC and crypto get hit with that pressure whether we like it or not.
Doesn't mean we dump tomorrow, but as long as yields stay elevated, we're trading into a headwind. Liquidity runs the show, and right now it's getting expensive.
Stay disciplined. Capital preservation comes first. Watch your stops and don't fight the macro when it's this loud.
When risk-free rates climb like this, capital flows out of spec plays and into safe yield. Financial conditions tighten. Leveraged positions feel the squeeze. $BTC and crypto get hit with that pressure whether we like it or not.
Doesn't mean we dump tomorrow, but as long as yields stay elevated, we're trading into a headwind. Liquidity runs the show, and right now it's getting expensive.
Stay disciplined. Capital preservation comes first. Watch your stops and don't fight the macro when it's this loud.
