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Big Whale Trading
📈 Rate expectations just flipped the other way
The Fed already added 25 bps this month, into a 3.75%–4% range
But the part most people haven't priced in yet is what the curve is saying about the next two years $BTC
Four more quarter-point hikes by June 2027 is now the most likely path, targeting 4.75%–5%
Meanwhile the 10-year is above 5.1% — a level last seen in 2007 — and the 20-year is near 5.5%
$ETH
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