The Bitcoin Sell-side Risk Ratio (SRR) has reached a critical "Very Low Liquidity" level in May 2026, mirroring major market bottoms in 2018, 2020, and 2023. The SRR, calculated as realized absolute profit and loss divided by realized capitalization, indicates extreme sell-side exhaustion when below 0.001.
Historically, such compressions have preceded significant price expansions:…
Doug Moglia, a strategist at Rockefeller Global Investment Management, identifies gold as the anchor of a new commodity cycle, projecting its long-term bull market to persist despite recent volatility. Commodities are regaining traction for diversification as structural demand outpaces constrained supply. While broader commodity trends are shaped by electrification, AI, reshoring, energy security, and underinvestment,…
UBS has lowered its 2026 gold price target to $5,500 from $5,900, citing higher Treasury yields and a stronger dollar. Analysts Dominic Schnider and Wayne Gordon at UBS noted that "alternative costs" are becoming more significant as real interest rates remain high, making non-yielding assets like gold less attractive. However, the core reasons for a…
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