Interest rates are still keeping downward pressure
First, grind it out here
The 10-year US Treasury yield is back above 5%
Risk assets follow along
As the Nasdaq ends its four-day winning streak there
The Dow and the S&P also moved above together
$BTC touched 8.52 during the day
then got sold down to 8.33
It’s currently hovering around about 8.47
Up a little more than one point over the day
It’s not just one thing going wrong
Liquidity—the value in the market—is tightening
Viewpoint
When macro pressure is on
first reduce leverage
Don’t keep being leveraged too hard
#Market #BTC
First, grind it out here
The 10-year US Treasury yield is back above 5%
Risk assets follow along
As the Nasdaq ends its four-day winning streak there
The Dow and the S&P also moved above together
$BTC touched 8.52 during the day
then got sold down to 8.33
It’s currently hovering around about 8.47
Up a little more than one point over the day
It’s not just one thing going wrong
Liquidity—the value in the market—is tightening
Viewpoint
When macro pressure is on
first reduce leverage
Don’t keep being leveraged too hard
#Market #BTC
