Yields down, but crypto prices falling? Don’t rush to call it bullish 👀
Before the Europe and U.S. sessions on 10/22, oil prices rose and tech stocks came under pressure, while $BTC and $ETH also pulled back; Treasury yields fell at the same time.
My take: capital may be seeking safe havens first. Falling yields don’t necessarily mean the market is ready to take risks again, so you can’t jump straight to the conclusion that crypto prices are set to rise.
Tonight, I’ll be watching two things:
① After U.S. markets open, does selling pressure on tech stocks ease?
② After BTC and ETH rebound, can they hold their retest, and will spot volume follow?
If stocks remain weak and oil keeps rising, even a brief bounce in crypto prices could be sold off again. These are conditions to watch, not a reversal signal.
When you see yields falling, do you first call it bullish, or first ask “why are they falling”? 🤔
#BTC #ETH #總經 #市場觀察
$BTC
$ETH
Before the Europe and U.S. sessions on 10/22, oil prices rose and tech stocks came under pressure, while $BTC and $ETH also pulled back; Treasury yields fell at the same time.
My take: capital may be seeking safe havens first. Falling yields don’t necessarily mean the market is ready to take risks again, so you can’t jump straight to the conclusion that crypto prices are set to rise.
Tonight, I’ll be watching two things:
① After U.S. markets open, does selling pressure on tech stocks ease?
② After BTC and ETH rebound, can they hold their retest, and will spot volume follow?
If stocks remain weak and oil keeps rising, even a brief bounce in crypto prices could be sold off again. These are conditions to watch, not a reversal signal.
When you see yields falling, do you first call it bullish, or first ask “why are they falling”? 🤔
#BTC #ETH #總經 #市場觀察
$BTC
$ETH