$BTC $ONDO $NIL Rate-hike expectations strike, BTC plunges from the 875,000 high point and breaks below 83,000 directly! In 24 hours, leveraged liquidations across the entire network hit 617 million, with long positions getting liquidated for 546 million—chasing leverage got wiped overnight 😮💨
The culprit isn’t on-chain, it’s U.S. Treasuries. The 10-year U.S. Treasury yield surged to 5.081%, the highest since 2007; the U.S. Dollar Index holds above 101, and by October, rate-hike expectations jumped from 54% to 70%. BTC got hit along with other long-duration risk assets 📉
But institutions didn’t run! U.S. spot BTC ETFs saw net inflows of 346.9 million, and ETH ETFs also added 104.5 million; whales posted bids at low levels to pick up. With most leverage cleared, BTC futures open interest fell to 681,000 BTC, the long/short ratio is 0.86, and shorts have turned dominant.
⚠️ Hard battle tomorrow: 17 billion USD in crypto options expires. BTC’s biggest pain point is 78,000. On the settlement date, volatility could be amplified—needle wicks can come at any time. The Greed Index is still at 71, and sentiment hasn’t fully cooled. ondo
Personally, this looks more like a technical pullback under rate-hike expectations; the big structure of the bull market hasn’t been broken yet. Next, watch two things: whether ETF inflows can keep going, and whether U.S. Treasury yields will continue to surge. Altcoins are even worse—MUBARAK is down 32%, ONE down more than 24%; don’t overweight small caps.
Which side are you on? 👇
A. After adjusting, continue upward
B. Cash in the gains, keep probing for support
Chat A/B in the comments!
⚠️ Just market information sharing, not investment advice. Contract volatility is extremely high—manage your position size well. #比特币24小时跌3.3%失守83000美元 #比特币现货ETF四日流入23.1亿美元 #比特币两度受阻87300美元
The culprit isn’t on-chain, it’s U.S. Treasuries. The 10-year U.S. Treasury yield surged to 5.081%, the highest since 2007; the U.S. Dollar Index holds above 101, and by October, rate-hike expectations jumped from 54% to 70%. BTC got hit along with other long-duration risk assets 📉
But institutions didn’t run! U.S. spot BTC ETFs saw net inflows of 346.9 million, and ETH ETFs also added 104.5 million; whales posted bids at low levels to pick up. With most leverage cleared, BTC futures open interest fell to 681,000 BTC, the long/short ratio is 0.86, and shorts have turned dominant.
⚠️ Hard battle tomorrow: 17 billion USD in crypto options expires. BTC’s biggest pain point is 78,000. On the settlement date, volatility could be amplified—needle wicks can come at any time. The Greed Index is still at 71, and sentiment hasn’t fully cooled. ondo
Personally, this looks more like a technical pullback under rate-hike expectations; the big structure of the bull market hasn’t been broken yet. Next, watch two things: whether ETF inflows can keep going, and whether U.S. Treasury yields will continue to surge. Altcoins are even worse—MUBARAK is down 32%, ONE down more than 24%; don’t overweight small caps.
Which side are you on? 👇
A. After adjusting, continue upward
B. Cash in the gains, keep probing for support
Chat A/B in the comments!
⚠️ Just market information sharing, not investment advice. Contract volatility is extremely high—manage your position size well. #比特币24小时跌3.3%失守83000美元 #比特币现货ETF四日流入23.1亿美元 #比特币两度受阻87300美元
