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Pharaoh Trading good buddy @比特帝法老唯一助理

Pharaoh's Market Watch: 🎤 Pharaoh's Macro Economy Talk Show: US Treasury yields hit new highs, BTC takes a hit Brothers, recently US Treasury yields have skyrocketed again, the 30-year broke 5%, and the 10-year hit 4.6%+. At times like this, don’t just stare at the candlesticks and get excited. Someone asked: "Pharaoh, why does Bitcoin drop when US Treasuries rise?" Today I’ll make it clear for you, this is actually pretty funny. 1. Opportunity Cost: Why reject free interest and hold a “zero-coupon hedgehog”? US Treasuries are now nearly risk-free with stable cash flow. Bitcoin? Zero interest, no dividends, and volatility high enough to treat low blood pressure. Money is smart; if Treasuries can give 5%, who wants to hold BTC out in the cold? Funds flow away, got it? 2. Global Liquidity: The faucet is tightening High long-term bond yields mean the market is pricing in "higher rates for longer." Borrowing in USD gets more expensive, and risk appetite immediately shrinks. High-beta assets like Bitcoin get hit first as a sign of respect. 3. Bitcoin is actually a “long-duration asset” It has no cash flow, priced solely on future narratives and scarcity premium. When long-term rates rise, the discount rate for the future goes up, pushing present value down! This is the same as growth stocks, even worse since Bitcoin has no earnings. 4. Safe-haven narrative gets overshadowed Bitcoin used to be called “digital gold,” but now US Treasuries + USD have explosive appeal. Even gold is being crushed by real rates; Bitcoin looks more like a risk speculation asset. It can’t hold the safe-haven hat and gets sold off first as a risk asset. 📌 Pharaoh’s Summary: In the short term (1-3 months), high long-term yields suppress risk appetite, so BTC will likely oscillate weakly, testing support around 72,000–75,000. In the medium term (3-6 months), watch if real rates peak, whether the Fed dares to cut, and if inflation falls. Keep an eye on these indicators: 10-year US Treasury yield, real rates (10Y-TIPS), USD index, BTC ETF fund flows, MOVE (bond market volatility). In a nutshell: A long bull market in US Treasuries = bearish pressure on Bitcoin, but not a one-way drop; expect high volatility and a downward oscillation until rate expectations ease. Follow Pharaoh, and your wealth won’t get lost! $ETH $BTC $DOGE #美债利率近19年新高：风险资产全线承压 #预测市场合规战：CFTC四连诉为其正名

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Pharaoh's Market Watch: If the US-Iran negotiations break down, then the market's only positive factor will turn into a negative one. BTC faces strong resistance today at 77500-78000. If it reaches around here, short short short. Just hold the palace and do it $BTC $DOGE $DOGE #推迟打击非停战：美伊谈判窗口随时关闭

Pharaoh's Market Watch: Pharaoh just took a look at the news, and it's mostly bearish. The Samsung strike countdown is on, and Nvidia is about to release its earnings report. As long as the results fall short of expectations or just meet them, it’s like a Damocles sword hanging over the crypto world! Some people, as soon as their holdings rise a bit, start shaking like a leaf— "Oh no, will it drop back down again?" I feel exhausted just watching them, what’s there to be afraid of! If you only focus on those few measly gains in your account, then your whole life is suited for selling sunflower seeds at the street corner. Look at the liquidation heatmap— Around 74,000, it’s all longs waiting to get liquidated and sell their positions! Right now, the funding rate is absurdly positive, +10%, you can almost hear the money laughing while lying there. To the longs who FOMO rushed in, I can only say: Good luck That familiar smell of a bear market is back— Brothers, hold your hands steady, don’t make rash moves, the real bottom fishing will be in October. Don’t go all-in on spot trading or try fancy moves, or you’ll just be handing the exchange your year-end bonus. 📌 Pharaoh’s Summary: The market isn’t trying to scare you, it’s filtering you. Those who can’t hold, get out; those who can, feast. This time, are you ready to get out or feast!? $BTC $ETH $DOGE #三星芯片罢工：48小时倒计时 #美联储会议纪要+英伟达财报：5月20同日公布

Pharaoh's Market Watch: BarbieQed, US Treasury yields keep rising, this is the Damocles sword hanging over the crypto world! And as soon as Walsh took office, the first "welcome gift" was thrown over— The tension between the US and Iran is still simmering, and the market is already recklessly recalculating its risk bill like it's drunk on fake liquor. Turns out everyone was still clinging to the "rate cut to save the market" dream, but now? The Fed's rate hike probability has shot up to 80%! What does that mean? While you're still thinking bull market, they're already preparing a combo of high interest rates + high volatility. Why is this happening? Pharaoh breaks it down into three clear paths: 1️⃣ Inflation unanchored The market no longer believes it will obediently return to 2%, just like your diet plan that always starts "tomorrow." 2️⃣ Core inflation stubborn Even if the tariff shock passes in the short term, core data is like an ex you just can't shake off. 3️⃣ Money runs faster than goods AI investment is red hot, the US stock wealth effect is causing early consumption, but productivity hasn't kept up— Simply put: money flows like it's on steroids, while goods and production feel like they're stuck on slow internet. Considering the fundamentals, a rate cut in 2026? Forget it, basically off the table. If you're still stuck on "easy money = bull market," wake up quickly, this round is a high interest rate + high volatility game. But don't rush to cry—no rate cuts doesn't mean no opportunities, just don't expect a flood of liquidity; learn to find your meal in structural opportunities. 📌 Pharaoh's summary: The market isn't unplayable, the gameplay has just changed. It used to be a lay-down win, now it's about strategic moves. $BTC $DOGE $SOL #美债利率近19年新高：风险资产全线承压

Today's Key Financial Data and Events

Pharaoh's Market Watch: This isn't a financial report at all; it's practically a "murder mystery" scene. 1. Expectations are already "welded" to the ceiling Look at Polymarket at 97%, what does that mean? It means those Wall Street pros have already finished their homework. Now it's not about "whether NVIDIA will win," but "you have to win spectacularly." It's like scoring 100 on a test, your parents are happy, but then Old Wang next door says his son scored 105 (because of extra credit), and you still get scolded. As long as the guidance isn't that "explosive," it's considered below expectations. 2. The familiar "killer" script In previous times, Huang Renxun (Jensen Huang) always brought a perfect report card, but the stock price inevitably dropped the next day. This has become Wall Street's "traditional act." Everyone has learned to "expect your expectations." Now retail investors are betting: "It will definitely drop again this time, so I'll run first." This consensus expectation might actually make the trend unpredictable. 3. Summary: The current situation is — "good news fully priced in is bad news." Unless Huang pulls out a "next-generation nuclear bomb-level GPU" or announces "computing power forever free" at the earnings call, the stock price will most likely be: "Before earnings: charge! After earnings: slip away!" As for the crypto world, it's even worse. If NVIDIA sneezes, those AI concept coins will go straight to the ICU. Let's just grab a small bench, prepare some sunflower seeds, watch the show, and definitely don't rush to catch the falling knives. 😂 Follow Pharaoh, and wealth won't lose its way! $DOGE $SOL $ZEC #美联储会议纪要+英伟达财报：5月20同日公布

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Super Event Week, Kevin Walsh is about to take office, what impact will it have on the crypto world? The market was directly slammed by the "hawkish expectations"! The new Fed Chair Walsh just took the oath of office, and Trump unusually hosted the ceremony at the White House himself, clearly signaling a tight grip on monetary policy. What everyone fears most now is this guy's temperament—he has zero tolerance for inflation and is very decisive. The market's original hope for a rate cut is completely dashed, with no expectations left. Don't forget the old 1996 rule: when a new chair takes office, the US stock market typically drops an average of 12% within three months. Our marginalized crypto market will likely fall even harder. Under the "guillotine" of high interest rates, risk assets are already struggling, and if Walsh signals further tightening, BTC and altcoins will definitely be hammered down. The coming days will probably bring volatility intense enough to make you question reality, so buckle up! $ETH $SOL $ZEC #超级事件周

Pharaoh's Market Watch: Alright, Trump's move is just incredible. The US and Iran are still negotiating, sitting at the table, but one hand is already on the missile launch button, while still saying "the timing hasn't been decided yet." So basically, they're extending an olive branch while pulling out grenades? Now it's all good, the situation has directly switched to high-risk red alert mode. Oil prices and the crypto market were hoping for a breather, but with this statement, volatility is definitely going to double. Geopolitical risks are always sudden and unpredictable, so in the coming days, keep your eyes wide open. Even Pharaoh throws up his hands: "The market has to shake things up first anyway." For us small retail investors, just buckle up and don't catch flying knives lightly. $ETH $DOGE $SOL #推迟打击非停战：美伊本周窗口待定