According to Mihir (@RhythmicAnalyst), the 10-year US Treasury yields have started to climb after testing S2 support last month. This technical breakout is often seen as a bearish indicator for risk assets like stocks and cryptocurrencies, as rising yields typically signal tightening financial conditions and reduced liquidity. Traders should closely monitor bond market movements as an early warning sign for potential downside in crypto markets, referencing Mihir's analysis and recent market trends (Source: @RhythmicAnalyst, Twitter, May 12, 2025).