The crypto market suddenly turned overnight!
$UNI and $ARB both dumped, hitting an 11% drop at once. The whole market is also fully red today.
US Treasury yields surged to 5.11% in one go; oil prices followed higher, and U.S. stocks also pulled back. Bitcoin slid directly from around $87,000 to $84,000—risk appetite was clearly being suppressed.
Over the past 12 hours, liquidations across the entire network totaled $389 million, of which longs accounted for $352 million. Shorts were barely affected. After UNI crashed, a giant whale suddenly slammed down about $1.5 million, buying nearly 160,000 UNI.
But that’s just one wallet’s move—for now, there’s no clear sign of follow-through.
With the high-interest-rate environment still holding pressure, there’s a fairly high chance that risk assets will continue to face headwinds. Relying on a single whale to buy the dip can’t possibly support the claim that the market has already reversed. More likely, it’s still mainly a wait-and-see sentiment.
Bitcoin spot ETFs have seen net inflows overall this year. In the past month alone, they brought in about $4.6 billion, with a somewhat bullish tilt.
Right now, the setup is high rates, poor sentiment, and lots of liquidations on longs. Sentiment isn’t actually too bad, either. Funds haven’t fully exited, but they also haven’t shown a signal that’s strong enough to jump in immediately.
#美债10年期收益率创19年新高
$UNI and $ARB both dumped, hitting an 11% drop at once. The whole market is also fully red today.
US Treasury yields surged to 5.11% in one go; oil prices followed higher, and U.S. stocks also pulled back. Bitcoin slid directly from around $87,000 to $84,000—risk appetite was clearly being suppressed.
Over the past 12 hours, liquidations across the entire network totaled $389 million, of which longs accounted for $352 million. Shorts were barely affected. After UNI crashed, a giant whale suddenly slammed down about $1.5 million, buying nearly 160,000 UNI.
But that’s just one wallet’s move—for now, there’s no clear sign of follow-through.
With the high-interest-rate environment still holding pressure, there’s a fairly high chance that risk assets will continue to face headwinds. Relying on a single whale to buy the dip can’t possibly support the claim that the market has already reversed. More likely, it’s still mainly a wait-and-see sentiment.
Bitcoin spot ETFs have seen net inflows overall this year. In the past month alone, they brought in about $4.6 billion, with a somewhat bullish tilt.
Right now, the setup is high rates, poor sentiment, and lots of liquidations on longs. Sentiment isn’t actually too bad, either. Funds haven’t fully exited, but they also haven’t shown a signal that’s strong enough to jump in immediately.
#美债10年期收益率创19年新高