🔍 Catrix Daily | May 23, 2026

🤖 AI Forecast
BTC: Neutral ➡️ | ETH: Slightly Bearish 📉

Fed net liquidity rose +3.6% in four weeks ($5,907B) — but 10-year real yield just hit a 6-month high. More money in the system, higher yields on safe assets. The tap is open and so is the drain.

💡 Today's Focus: Macro Liquidity
Two forces, two directions. Fed Net Liquidity tracks how much fresh money the central bank pumps into markets. Real Yield (10Y bonds minus inflation) tracks what safe assets pay — the higher it climbs, the harder crypto competes. This week: both moved up at once.

→ BTC: Fed Liq (Fed Net Liquidity) 4W Δ: +3.6% / Real Yield (10Y Real Yield) Z: +2.51, 26W high — liquidity rising but yields rising faster. Macro is a draw, for now.
→ ETH: Real Yield Z: +2.51, PCT_RANK=100% — when safe assets hit a 6-month payout peak, the weakest hands fold first. MVRV=0.89, most holders already underwater. Macro finds ETH with the thinnest cushion.

Full analysis on our AI report 👇
insight.catrix.xyz