🚨 The Fed and bonds are hitting crypto: a leverage flush or a breakdown to new lows? 📉
Hawkish Fed minutes coincided with Treasury yields surging to their highest levels in 24 years (5.36% for the 10Y and 5.69% for the 30Y, supported by oil above $100), redirecting liquidity toward the dollar.
📊 The numbers:
• More than $500M in long positions liquidated over 24 hours.
• Bitcoin (BTC) fell below 84k and tested the $82.7k area.
🔍 The takeaway:
What we're seeing isn't a structural collapse, but a "forced leverage flush." Bull markets are built on liquidation blood; steer clear of excessive margin trading and focus on spot accumulation.
👇 Is holding $82.7k enough for a genuine rebound? Share your analysis!
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