# 30YearTreasuryYieldBreaks5%

Yesterday, the market surged but faced resistance and pulled back, with the bulls losing momentum. In the early hours, the trend further weakened, dropping to around 76,100. The price center of gravity continued to shift downward, and the intraday weakness became clear.
Overall, the market shows a five-day consecutive decline on the daily chart, continuously suppressed by moving averages. A bearish trend has formed, with volume leaning bearish. The four-hour chart displays a standard downward structure, and the rebound is only a weak correction with no reversal momentum. The hourly rebound is

ETH intraday trend, current price 2108, overall position is weak with oscillation, limited rebound space, difficult to break through effectively, sideways trading range, if volume increases and breaks below 2080 in the afternoon, look towards 2050
Rarely stabilize above 2180, then possible rebound to 2200
Fed rate cut expectations cool down, the dollar is relatively strong, suppressing risk assets
Enter short positions around 2110-2120, take profit at 2080-2050, add positions at 2160
Move stop-loss, personal opinion, for reference only #特朗普推迟打击伊朗 #TradFi交易分享挑战 #30年期美债收益率突破5% #eth

Does the market panic over expectations of interest rate hikes?
Currently (June-July), the probability of a rate hike is extremely low, and the Federal Reserve is likely to stay on hold. However, the possibility of a rate hike before the end of the year is increasing, and the market now believes the chances of a rate hike in December or January next year are close to fifty-fifty or slightly higher. This change in expectations is also reflected in U.S. Treasury yields — the yields on 2-year and 10-year government bonds have risen to a 12-month high.
Although market expectations for rate hik