比特币8万美元测试应该由本周债券市场决定

Everyone watching Bitcoin this week is watching the Federal Reserve, while the more important tell may be sitting in the Treasury market, where the 10-year yield has compressed into one of its tightest ranges of the year just as a dense macro calendar opens. Bitcoin's recovery now rests on renewed institutional inflows and the assumption that liquidity conditions will not tighten again. If Treasuries choose a direction before that assumption is tested, the bond market could drive Bitcoin's next move independently of any crypto-specific catalyst. The 10-year yield spent Apr. 1 through Apr. 24 inside a band of 4.26% to 4.35%, closing at 4.31% on Apr. 24 per FRED data. Related Reading This week Bitcoin will face major volatility across a key 48 hour period: Fed first, GDP and PCE right after Bitcoin faces a 48-hour macro trap as the Fed speaks first, but GDP and PCE get the last word. Apr 27, 2026 · Andjela Radmilac The US 10-year Treasury yield held inside a 4.26%-4.35% band throughout April, its tightest Bollinger Band compression since Jan. 16. Barron's reported that the 10-year Bollinger Bands had narrowed to their tightest since Jan. 16, a classic coiled setup, and Reuters' technical commentary placed the yield inside a larger symmetrical triangle that frequently precedes a sharp directional move. On Apr. 27, the 10-year had ticked back toward 4.32%, with commodity prices and geopolitical risk feeding inflation expectations, adding inputs to yield direction that run well outside the Fed's control. A compressed yield range is a market storing energy before a decision. The event cluster that could release that energy arrives in rapid succession. The FOMC meets Apr. 28-29, the BEA publishes the advance first quarter GDP estimate alongside March Personal Income and Outlays and the PCE deflator on Apr. 30, while the Employment Cost Index also lands that morning. That is three macro readings in two days, enough to move Treasuries materially in either direction and enoug