US Treasury yields soar above 4%! The market starts betting on a return of interest rate hikes, and BTC should be cautious...

On March 27, the yield on the US 2-year Treasury bond quickly surged to 4%, rising about 10 basis points during the day.

At the same time, the latest pricing in interest rate futures shows: the market is starting to bet that the Federal Reserve will raise rates by about 15 basis points by the end of this year.

The 2-year yield is the most sensitive "policy thermometer".

Once it spikes, it means funds are positioning themselves in advance:

Interest rates may remain high for a longer period, and there is even the possibility of a rate hike reemerging.

What does this mean for risk assets? It's a typical "withdrawal signal".

Funds will be more cautious, leverage will cool down, and market volatility will increase.

Retail investors see changes in numbers, while the main players see:

Liquidity expectations are being repriced.

The upcoming trends for BTC and altcoins are very likely to enter a phase of high volatility.

Those who do not understand macroeconomics will be washed back and forth, while those who do are already waiting for the next "low-position chips". #特朗普希望尽快结束对伊朗战争 #美国加密法案再次遇阻 #美伊和谈陷僵局 #国际油价下跌 #特朗普称对伊战争已胜利 $BTC $ETH $BNB