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Right now, Iâm taking a cautious bearish view on Bitcoin and Ethereum.
The key risk isnât necessarily negative news surrounding any single coin â itâs the broader macro environment. U.S. Treasury yields remain elevated, with the 10-year yield around 5.26%, while higher energy prices continue to add pressure. If yields push higher again, risk assets could face renewed selling pressure.
ETF flows are another factor Iâm watching closely. Bitcoin ETFs still recorded strong inflows
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