Just looked at the data: Brent crude oil touched $100, the 10-year US Treasury yield broke above 4.7%, and the US Dollar Index rose above 101. With triple pressure stacking up, CME data shows the probability of a rate hike next week has already surged to 37.9%.

The current price of the BTC/USDT perpetual contract is around 65,348, with a daily trading range of 64,564–65,805. In the past two days, the dense liquidity zone at 66,500–67,000 was hit repeatedly and met resistance, and bullish momentum has clearly weakened; short-term profit-taking has become concentrated and triggered. Technically, 64,500 is the lifeline at the lower boundary of the box—holding it would mean a benign pullback; once there is an effective breakdown, downside room opens up. Above, 65,400–65,970 forms the first resistance zone.

An old veteran “weed” with nine years of experience says it straight—rate-hike expectations are heating up, and the collective pressure on risk assets is the hard logic. During the policy deliberation window, hold back, wait for a stop-loss/stop-fall signal around 64,500 before looking again. Don’t chase. Don’t hold the line. $BTC ‌