Macro risk: a 7-week high dollar and the historic Treasury losing run could cap upside; if yields push higher, the breakout may fail.
Liquidity risk: the 5% jump and round-number breach can trigger leveraged longs if price reverses; no funding or position data is available in the pull.
Regulatory risk: the Coinbase single-stock perpetual filing is a separate open question that could change crypto market structure, but this pull has no new regulatory update.
Technical risk: $80,000 is now the line in the sand; a daily close below it would turn the breakout into a bull trap.
