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The liquidation of U.S. Treasury arbitrage triggers market panic, and BTC bulls may face massive liquidation at 73,800-74,400 USD

The liquidation of U.S. Treasury arbitrage triggers market panic, and BTC bulls may face massive liquidation at 73,800-74,400 USD

Bitget2025/04/09 07:23
BTC+0.33%

PANews reported on April 9th, according to CoinDesk, as the US bond market is hit by a wave of "Basis Trade" liquidations, the yield on 10-year US Treasury bonds has soared to 4.5%, and that of 30-year bonds is approaching 5%. The increasing market liquidity tension has put significant pressure on risk assets. Analysis company Hyblock warns that if BTC falls into the $73,800-74,400 range, it will trigger a large-scale forced liquidation of long leveraged positions and exacerbate downward volatility. Hyblock also pointed out that support below is around $70,000; if this level breaks down it could trigger more stop losses and liquidations.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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