Just noticed Bitcoin took another hit and dipped below 67k back in March, triggering over 50 million in liquidations in a single hour. Pretty brutal. The macro backdrop isn't helping either - US Treasury yield on the 10 year has been climbing toward 4.5%, the highest we've seen since July, which is basically making all risk assets look less attractive right now.

Liquidation heatmaps are showing significant liquidity pockets below 66k, so there's definitely potential for more downside in the near term if we keep getting pressure. What's interesting is that funding rates turned negative too, meaning short traders are getting paid by longs. The bond market volatility index jumped 18% in 24 hours, so there's real uncertainty pricing in.

On top of everything, the 10 year US Treasury yield staying elevated is keeping the dollar strong - DXY heading toward 100 - which creates headwinds for crypto and other risk assets. Oil prices spiked 3% as well due to geopolitical stuff. The whole macro setup just feels heavy right now. Some crypto stocks took it on the chin in premarket too.

Separate note: XRP bounced from 1.33 to 1.35 on high volume but the follow-through is weak. ETF inflows were modest at 3.32 million, so hard to call it a real trend shift without more conviction behind it. Feels like positioning-driven more than anything fundamental.