Macro· ★★★★· bearish·

HTX Research warns of synchronized deleveraging in stocks and crypto as US and Japan tighten

  • —BTC fell below $83,000 amid high Treasury yields and weak ETF inflows
  • —A sustained break below $83,000 could open the way to $76,000–78,000
  • —Rising Japanese rates threaten to unwind yen carry trades and force sales of risk assets
  • —A drop in USD/JPY below 155 would amplify deleveraging risks across stocks and crypto
Why it matters: Synchronized deleveraging could deepen losses in BTC and altcoins, especially if ETF outflows continue and US inflation data surprises to the upside.
Source: PANews