everyone thinks the fed is pivoting hard to rate cuts but actually october hike odds just jumped to 69%.
ngl ser this is how bags get wrecked. people keep fomo buying every $btc dip thinking the bottom is in while the liquidity tap is about to get shut off.
look at 2022 as the case study here. hike probabilities spiked and $eth dumped from 4k all the way down while alts got absolutely demolished. anyone who didn't rotate into $usdt got left holding the bag for months.
the 10 year yield already hitting 19 year highs is the real tell. this isn't some distant macro event it's happening now and risk assets always feel it first.
where do you think this goes from here?
#FedOctoberRateHikeOddsRiseTo69 #US10YTreasuryYieldHits19YearHigh #BitcoinFallsBelow
ngl ser this is how bags get wrecked. people keep fomo buying every $btc dip thinking the bottom is in while the liquidity tap is about to get shut off.
look at 2022 as the case study here. hike probabilities spiked and $eth dumped from 4k all the way down while alts got absolutely demolished. anyone who didn't rotate into $usdt got left holding the bag for months.
the 10 year yield already hitting 19 year highs is the real tell. this isn't some distant macro event it's happening now and risk assets always feel it first.
where do you think this goes from here?
#FedOctoberRateHikeOddsRiseTo69 #US10YTreasuryYieldHits19YearHigh #BitcoinFallsBelow
