According to the source, traders are reassessing crypto’s role as a currency-debasement hedge and should track six data-backed signals for positioning and risk. Lower US real yields tend to support BTC and gold, while higher real yields pressure both, making the 10-year TIPS trend a primary input for timing risk-on entries, source: Federal Reserve FRED; Bank for International Settlements Working Papers. Sustained USD weakness (DXY downtrend) historically aligns with stronger BTC performance, so monitor weekly DXY momentum and breakouts, source: Federal Reserve; International Monetary Fund research. Growth in aggregate stablecoin market capitalization often precedes improved crypto liquidity and risk appetite, useful as a leading indicator for BTC trend strength, source: Federal Reserve FEDS Notes; Chainalysis research. A widening positive CME BTC futures basis alongside rising open interest signals increasing institutional demand, while deeply negative funding and shrinking basis flag stress and liquidation risk, source: CME Group; US CFTC Commitments of Traders. Elevated miner-to-exchange flows and compressed hashprice warn of near-term sell pressure, whereas declining outflows and improving hashprice tend to ease supply overhang, source: Glassnode; Cambridge Centre for Alternative Finance. A downside reversal in the Gold/BTC ratio can mark rotation back into BTC from gold, while a persistent uptrend favors gold over crypto in debasement hedges, source: London Bullion Market Association; CF Benchmarks; TradingView. BTC’s fixed supply schedule post-2024 halving reduces annual issuance to roughly 0.9%, reinforcing the long-term scarcity thesis versus fiat debasement for multi-year allocations, source: Bitcoin.org whitepaper; Bitcoin Core documentation.