Both inflation readings came in above expectations!
After the data was released:
📉 BTC briefly fell below $83,000 📈 U.S. 10-year Treasury yields surged 🔴 U.S. stocks came under pressure
But on the other hand 👇
Latest full trading day (October 13):
💰 Spot BTC ETFs: +$175.7M 💰 Spot ETH ETFs: +$24.8M
Institutional funds have just returned, but macro pressure has suddenly intensified!
4 signals worth watching:
⚠️ ① Rate-cut expectations face further pressure 🔥 ② Rising Treasury yields increase valuation pressure on risk assets 💰 ③ Positive ETF flows don't mean buying is strong enough to offset the macro shock 👀 ④ Whether ETH and BNB can stabilize alongside BTC is key to market breadth
Here's the real question:
CAN ETF DEMAND BEAT MACRO PRESSURE?
Key variables:
US TREASURY YIELDS + SPOT DEMAND
What to watch next:
👀 Whether BTC can reclaim and hold above 83K 👀 The U.S. 10-year Treasury yield 👀 Whether ETH and BNB can recover in tandem 👀 ETF flows and spot trading volume
👇 What do you think?
🟢 BUYERS RETURN: Inflows drive a market recovery
🔴 MACRO PRESSURE: High rates continue to weigh on the market
#BTC #ETH #BNB
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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