Dual Regime Confluence Monitor Macro Credit and Crypto CycleThe Dual Regime Confluence Monitor — Macro Credit & Crypto Cycle concept refers to the dual compression happening simultaneously:
The macro credit bubble (private credit/CRE) deflating and threatening broader liquidity
The crypto speculative bubble from 2025 ATHs deflating through the current drawdown
Both are deflating at the same time, creating the bearish regime. But the thesis also holds that when the crypto bubble fully flushes, it sets up the next expansion — which is the bullish side of the twin.
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