storagevaluationsplit

Bullish! 🚀

Everyone is trying to figure out why BTC is moving higher, and there are three key factors behind the rally.

First: pressure in the U.S. Treasury market is intensifying. The 30-year Treasury yield briefly climbed above 5.3%, reaching a multi-year high. With concerns growing around how the U.S. will manage its roughly $40T debt burden, investors are increasingly looking toward assets with limited supply

#StorageValuationSplit #CitiToCustodyBTC #XiaomiQ2Earnings

BTC / $ETH — After last night’s powerful BTC short squeeze, the bigger question is whether bearish positioning is still dominating.

Data from 1,555 traders showed 975 holding shorts versus 580 longs, leaving sentiment heavily tilted to the short side. That imbalance suggests many traders were still positioned against the rally even as BTC surged toward $70K.

The key takeaway: the squeeze

#StorageValuationSplit #CitiToCustodyBTC
#StorageValuationSplit