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Flattened Curve, Flattened Bitcoin
The more Macro it trades . . . . . . . . the more Macro it trades

This Is Not Investment Advice
Last few weeks we’ve seen the following:
Bond VOL subsides
Fed kicks rate cuts out even further (i.e. take bid from under the 2YR)
LEI (Leading Economic Indicators) dive with oil prices forecasting military strikes in Iran
“flight to safety” to bonds
Another way of describing it is to say the curve has flattened. A steepening trend has shifted somewhat last handful of weeks moving towards curve flattening. Note the correlation below as shown by BitcoinMagazinePro.com:

Worth being aware of and monitoring in my view.