Bitcoin holds $73,771 inside a 700-point band. Treasury yields hit their highest since 2007. Strategy bought bonds, not Bitcoin. Three mechanisms — ETF flows, the STRC funding apparatus, and the macro ceiling — are all pointing the same direction. The compression began before most people noticed it. Bitcoin did not crash

Spot ETF flows reversed, Strategy's funding mechanism breached par, and a single CPI print forced a wholesale repricing of Fed expectations. All in one week. All compounding.