$BTC ~$76k. Why it’s heavy — then the level.
30-year Treasury yield 5.35% — highest since June 2007. Risk assets pay more to compete with duration. Hormuz shut. Saudi output under 2000s levels. Oil shock → inflation stickier → Fed less friendly. September hike odds now ~70%. That is the bid coming off.
Technically this is still a range. The tape did not collapse. News pressed. It did not break the structure by itself.
Level: $76.0–76.4k is the line.
I want one more push up into that shelf. If it holds — higher.
If we lose $76k on volume and it accepts — $72–73k is next. Longs careful there.
If you’re short — cover a piece.
If you’re flat — wait for the test. Don’t chase either side.
$BTC #Future
Not financial advice. A 70% hike print can run stops both ways.
30-year Treasury yield 5.35% — highest since June 2007. Risk assets pay more to compete with duration. Hormuz shut. Saudi output under 2000s levels. Oil shock → inflation stickier → Fed less friendly. September hike odds now ~70%. That is the bid coming off.
Technically this is still a range. The tape did not collapse. News pressed. It did not break the structure by itself.
Level: $76.0–76.4k is the line.
I want one more push up into that shelf. If it holds — higher.
If we lose $76k on volume and it accepts — $72–73k is next. Longs careful there.
If you’re short — cover a piece.
If you’re flat — wait for the test. Don’t chase either side.
$BTC #Future
Not financial advice. A 70% hike print can run stops both ways.
