Risk-Off Sentiment Dominates Market as Crude Oil Prices Rise

Risk-off sentiment is dominating market sentiment as crude oil prices and U.S. Treasury yields continue to move higher, putting pressure on risk assets such as Bitcoin and equities.

The WTI crude oil price has broken above a 7-month resistance level, while U.S. 2-year, 10-year, and 30-year Treasury yields are trading near their yearly highs.

BTC is currently testing resistance at $84,000, a level that has held since May 2026, while the Dow Jones Industrial Average (DJIA) is approaching a potential breakdown below a 4-month support level.