Bitcoin at $75,555. Gold at $4,832. Silver reclaiming $80. All three higher on the week. All three showing amber momentum candles for the second consecutive week. Consolidation, not conviction. The bounce is mechanical. The MOVE Index collapsed from 115 to 66, reopening the collateral channel. The multiplier expanded. Nominal liquidity rose to $189.1 trillion. Risk appetite recovered to pre-conflict levels. On the surface, everything improved. Beneath the surface, the Shadow Monetary Base contracted at -1.1% annualised. Every major central bank outside China weakened their contribution. The monthly GLI remains at 44.1 and falling. The cycle peaked Q3 2025 and is not projected to trough before 2027. This is the distinction the market keeps missing. The level provides a floor. The rate of change provides the impulse. The floor held this week. The impulse did not. https://t.co/TojzyfWbFn
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.