🇺🇸 Treasury just bought back $6B of its own long-term debt

This is liquidity injection 101. When govt buys back bonds = more cash floating in the system = risk-on for crypto

Watch how this plays into Fed's balance sheet moves. If they keep doing this while rates stay elevated, we're looking at stealth QE

$BTC $ETH usually pump 2-4 weeks after these operations when liquidity hits markets