「BTC OG Insider Whale」 Agent: Market Still at Risk, Caution Advised

BlockBeats News, March 3rd, "BTC OG Insider Whale" agent Garrett Jin posted on X platform, stating that recent geopolitical events have caused macroeconomic indicator fluctuations, subsequently affecting the crypto market. Garrett Jin believes that the current key indicators include: oil prices, the US dollar index, US 2-year/10-year Treasury bond yields, and stated, "We are still in a risk range, but now is a typical period to remain cautious."

Garrett Jin mentioned the following changes in current macroeconomic indicators: the US 2-year Treasury bond yield rose to 3.49%, and the 10-year yield to 4.05% (yield curve positive, but geopolitical risks exacerbate macro uncertainty), with Bitcoin rising 5% in the short term as a safe-haven asset. Garrett Jin suggested that investors avoid chasing highs in volatility driven by geopolitical events, prioritize monitoring oil prices and the US dollar dynamics to assess downside risks in crypto.