Since 2022, global supply chain disruptions have intensified, eroding economic resilience and policy autonomy in Japan, South Korea, and the Eurozone. Liquidity depletion, a strengthening US dollar, and Treasury yield curve changes signal mounting systemic risk. Precious and base metals face near-term headwinds but offer medium-to-long-term opportunities; Bitcoin faces headwinds from MSTR liquidation risk and macro volatility, prompting a reassessment of its asset positioning.

Metrics Ventures' latest monthly report highlights that supply chain disruptions since 2022 have eroded economic resilience in Japan, South Korea, and Europe, with liquidity drying up outside AI and non-ferrous metals. It warns that fragile nations are doubling down on concentrated trades, a gamble unlikely to end well. For crypto, MicroStrategy's potential sale of its 800,000 BTC holdings emerges as a new risk, while BTC's role as a hedge becomes increasingly cost-effective. Gold and silver face short-term pressure but may be poised for a major rally; copper and small metals involve complex dynamics. The report urges a serious assessment of BTC's bottom during the upcoming risk release.

In its latest market observation, Metrics Ventures highlights that global supply chain disruptions since 2022 have structurally weakened economic resilience and policy autonomy in Japan, South Korea, and Europe. Liquidity droughts are emerging, while a stronger USD and shifts in Treasury yield spreads signal systemic risk accumulation. Precious and base metals (gold, silver, copper) face short-term headwinds but offer medium- to long-term opportunities. Bitcoin, pressured by potential MSTR liquidation risk and macro turmoil, requires a reassessment of its asset positioning.

Metrics Ventures' latest monthly report highlights that since 2022, persistent global supply chain disruptions have eroded the fiscal and monetary autonomy of economies such as Japan, South Korea, and Europe. Liquidity, outside AI and select commodities, is drying up. Technical indicators show key levels: Japan/Korea stock indices at long-term resistance, the US dollar index breaking a year-long resistance, and a steepening 2-year yield curve. Leveraged fund positions (e.g., SK Hynix surpassing Tesla) set the stage for algorithmic deleveraging if liquidity suddenly contracts, potentially triggering a global panic spiral. In crypto, the risk of MicroStrategy (MSTR) selling its ~800,000 BTC holdings has become a serious consideration, while BTC's role as a short-hedge asset grows increasingly attractive. Precious metals face short-term pressure but may see a pre-bull market 'squat' before a major move. The report urges investors to reassess BTC's positioning and tradable directions in the upcoming risk event, warning that the bottom may be deeper than imagined. Risk and opportunity coexist.

Since 2022, global supply chain disruptions have intensified, eroding the economic resilience and policy autonomy of Japan, South Korea, Europe, and other major economies. Liquidity strains are emerging, while a stronger US dollar and changes in Treasury yield spreads signal accumulating systemic risks. Precious and base metals face short-term headwinds but present medium-to-long-term opportunities. Bitcoin is under dual pressure from potential MSTR liquidation and macro instability, calling for a reassessment of its asset positioning.

Metrics Ventures' latest market observation highlights that global supply chain disruptions since 2022 have weakened economic resilience and policy autonomy in Japan, Korea, and Europe. Liquidity drought is emerging, while USD strength and Treasury yield curve changes signal systemic risk accumulation. Precious and base metals (gold, silver, copper) face short-term pressure but present medium-to-long-term opportunities. Bitcoin faces headwinds from MSTR liquidation risk and macro turmoil, prompting a reassessment of its asset positioning.