Looking at the 10 yr monthly, this has essentially been ranging...

Looking at the 10 yr monthly, this has essentially been ranging in a sideways s channel between $4-$8. Topped out in mid 2015 in the mid $13s. Has consistently failed to make new LT highs since then with late 2019 early 2020 the most recent high.
Failed to top that in the run up late last year and subsequently fell again t the trough around mid $4s June/July this year.
It looks like it is trying to run now but demand is weak. If global macros worsen, the all time chart shows support in the mid $3s, failing that, below $2.
Has respected the lower Bollie on the 10yr monthly and moving towards the median on that timeline.
Finished in no mans land today. $5.16 is the 50 retracement from recent high low $5.78/$4.54. $5.01is the 61.8 which we didn’t quite get to.
Perhaps more sideways action in this range for a month or two until a firmer global picture appears. If that picture is bad, the all time chart suggest bail.
Knife edge stuff right now