When Wall Street's Treasury bond rates soar, the leverage in the crypto world will tremble—tonight's battle between bulls and bears for ETH might hinge on this auction result!

📉 Event Dispatch (Latest Data):

  • US 20-Year Treasury Bond Auction Result: Winning rate 4.499% (the highest since 2008!)

  • Market Reaction: The US dollar index instantaneously surged by 0.3%, BTC/ETH promptly fell by 1.5%

💡 My Exclusive Interpretation (combined with crypto logic):

1️⃣ Soaring Rates = US Dollar Bloodsucking:

  • Institutional funds are flooding into Treasury bonds (with risk-free returns at 4.5%, who still plays in the high-risk crypto space?)

  • Typical Case: When Treasury bond rates broke 4% last November, BTC plummeted by 20% in a week

2️⃣ Key Levels for ETH Tonight:

  • 4250U support (like a paper window, unable to withstand the assault of the dollar's machine gun)

  • If it breaks, it might quickly test 4100 (the support zone from June's low point)

😤 Personal Feelings:

Watching the Treasury bond yield curve is like watching the Grim Reaper approach—

A rate of 4.499% is not just a number, but a scythe cutting into the leverage of the crypto world!

(Thinking of the 312 disaster, also triggered by the soaring Treasury bond rates leading to a chain reaction)

🎯 Operational Strategies (Three Plans):

  • Radicals: Short at the current price, stop loss at 4300 (betting on the continuation of interest rate bearishness)

  • Conservatives: Observe ETF fund flows after the US market opens (Grayscale ETHE premium is a weather vane)

  • Spot Traders: Place orders at 4050 to bottom feed (picking up bloodied chips from institutions)

Lessons Learned:

In September 2022, when Treasury bond rates broke 4%, a fan who didn't listen to advice heavily went long on ETH, and ended up delivering food after getting liquidated...

$ETH