⚠️ HIGH-RISK PHASE: LIQUIDITY > NARRATIVES
Macro conditions indicate a transition into a liquidity-sensitive regime.
• Debt refinancing pressure is accelerating
• Central bank balance sheet actions signal funding stress
• Collateral quality is declining
• Safe-haven demand confirms risk aversion
In these environments: → Leverage efficiency decreases
→ Wicks expand
→ Trend reliability weakens
→ Funding and volatility dominate price action
Strategy shift: • Reduce position sizing
• Avoid max leverage
• Trade levels, not bias
• Respect funding & OI signals
Liquidity decides direction before price confirms.
$BTC $ETH #FuturesTrading #Leverage #RiskControl #MacroTrading
