Macro pressure remains strong. DXY closed above 100, keeping global liquidity tight. 10Y Treasury Yield remains above 4.5%, maintaining pressure on risk assets. #Bitcoin fell 7.5% to $61.7K, as the inverse correlation with a strong dollar re-emerged. A sustained $BTC recovery likely requires either DXY below 99 or 10Y yields closer to 4.2%. Neither condition is in place yet. 📉


#crypto
BTC0.55%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned