🟢This chart shows the long-term U.S. Treasury yields, which are clearly rising, with the 10-year at 4.67%, the 20-year at 5.19%, and the 30-year at 5.18%.

For the crypto market, this is not a good signal.
Many people haven't understood the logic behind this. Let's put it this way: high U.S. Treasury yields mean there's a relatively safe and decent-yielding place in the market.
So when large funds see that they can get higher returns by buying Treasuries, why would they risk buying Bitcoin or altcoins?
At this point, market money becomes more cautious.
Funds are reluctant to pour into risk assets on a large scale, and Bitcoin tends to show a situation where: it drops to support levels with buyers, but the rebound lacks strength.
Because the truly big funds haven't actively entered the market yet; they are mostly waiting for lower prices.
Plus, with rising U.S. Treasury yields, the dollar index also tends to strengthen.
A stronger dollar indicates that global funds prefer to return to dollar assets and are less willing to add to high-volatility assets like cryptocurrencies.
Currently, the dollar index has formed a double bottom on the daily chart, and it is testing the neckline.
Breaking above it indicates that the short-term rebound of the dollar isn't over and will continue to strengthen.
So, in terms of BTC trading now, it's still better to short on rallies. #30年期美债收益率突破5% $BTC