US Treasury yields remain high, analysis of market fund flows and cryptocurrency trends

US Treasury yield and fund diversion

• Yield 4.65%: US Treasury yields have reached a high level, attracting a large inflow of safe-haven funds, with money flowing out of the stock market and cryptocurrency market causing a short-term market correction.

• US debt ceiling issue: After Trump took office, resolving the US debt ceiling issue became a priority. This uncertainty has made market sentiment more cautious.

Bitcoin technical analysis

1. Daily level observation

• Yesterday saw a violent drop, but there are significant signs of capital bottom fishing entering around 92500.

• If today does not break below yesterday's low, the daily chart is expected to stabilize and form support.

2. Key levels

• Support range: 92500-90500 serves as short-term support. If it breaks below 90500, further adjustments should be monitored.

• Resistance level: Around 96500 presents upward rebound pressure, requiring a volume breakout to move further up.

3. Target level analysis

• Some market participants predict that 88000 may be difficult to achieve, as current funds show strong protective willingness at key support levels.

Strategic suggestions

• Short-term operation: Monitor the effectiveness of the 92500 support; if it stabilizes, consider trying a small position for short-term long trades.

• Medium to long-term layout: Wait for market sentiment to stabilize, pay attention to the US debt issue and policy changes after Trump took office, and look for clearer trend signals.

Summary: Bitcoin faces short-term pressure from US Treasury fund diversion and technical corrections, but the support performance at 92500-90500 will determine the subsequent trend. After stabilization, there is still an opportunity for a rebound to 96500, and operations need to flexibly respond to market changes.