Global Fragility Rapidly Accumulating: From Supply Chains to the Dollar System
Metrics Ventures' latest market watch points out that since 2022, the global supply chain has been increasingly disrupted, severely weakening economic resilience in Japan, South Korea, Europe, and other major economies, while shrinking their policy autonomy. Signs of liquidity exhaustion are appearing: the US dollar index continues to strengthen, and the yield curve of US Treasuries is undergoing structural changes—both classic precursors of systemic risk accumulation. The report notes that non-ferrous metals (including gold, silver, copper) face short-term price suppression, but medium- to long-term supply-demand dynamics may create structural opportunities.
Bitcoin Under Dual Pressure: MSTR Selling Risk and Macro Turmoil
The report specifically mentions that Bitcoin is now facing two major pressures: potential selling by MicroStrategy (MSTR) and ongoing macro instability. This combination calls for a re-evaluation of Bitcoin's positioning as a 'digital gold' safe haven. Amid tightening liquidity and declining risk appetite, Bitcoin's correlation with risk assets may rise again, and investors should be cautious of short-term correction risks.