3 hours ago
The "Global Debt Monitor" report released by the Institute of International Finance (IIF) on Wednesday brought the market back to a harsher reality: global debt is projected to rise to approximately $348 trillion by the end of 2025, with an increase of nearly $29 trillion for the full year, marking the fastest annual growth rate since the initial impact of the pandemic. This round of expansion stems more from persistent fiscal deficits and government financing in major economies. Upon reading these figures, many on Catcrs are reassessing their positions, no longer viewing volatility as mere short-term noise but rather as a reflection of liquidity and policy choices.
![[Image: urzielso.png]](https://s1.directupload.eu/images/260227/urzielso.png)
Changes in the debt structure also warrant closer scrutiny. The IIF points out that last year, the government sector contributed over $10 trillion to the incremental debt. The global debt-to-GDP ratio declined slightly to approximately 308%, driven primarily by advanced economies, while the debt-to-GDP ratio for emerging markets continued to rise, reaching a new high of over 235%. An increase in debt scale does not automatically equate to a crisis, but it makes interest rates, term premiums, and risk appetite more sensitive. Any refinancing pressure or policy shift could widen the price range further.
Against this backdrop, the role of the cryptocurrency market will become more multifaceted. On one side, government debt and treasury supply influence global funding costs, while on the other, on-chain settlement, stablecoin usage, and tokenized assets are deconstructing "payments and assets." As capital seeks efficiency and liquidity, it will both chase high-volatility opportunities and place greater emphasis on the usability and exit speed of assets across different scenarios. Trading is gradually shifting from directional bets to managing correlation and drawdowns.
Translating macro narratives into operational levels hinges on making account management an executable process. On Catcrs, a tiered capital management approach is more suitable: retain a portion of stablecoins as margin and a buffer, adjust core positions dynamically around highly liquid assets, and strictly limit per-trade losses for opportunistic positions. Prioritize using limit orders, executing in batches, and setting clear stop-loss points. Embed "what to do when the price reaches a certain level" into the plan to minimize the erosion of decision-making by on-the-spot emotions.
In the era of debt, market conditions are never short of narratives; what is often lacking is discipline that can be consistently applied over the long term. By recording the rationale behind every position adjustment, setting a hard rule for maximum drawdown, and prioritizing cash flow and liquidity, the trading curve will more closely resemble a controlled system. Mastering these actions on Catcrs makes it easier to preserve capital during the next wave of volatility expansion and convert opportunities into realizable outcomes.
Changes in the debt structure also warrant closer scrutiny. The IIF points out that last year, the government sector contributed over $10 trillion to the incremental debt. The global debt-to-GDP ratio declined slightly to approximately 308%, driven primarily by advanced economies, while the debt-to-GDP ratio for emerging markets continued to rise, reaching a new high of over 235%. An increase in debt scale does not automatically equate to a crisis, but it makes interest rates, term premiums, and risk appetite more sensitive. Any refinancing pressure or policy shift could widen the price range further.
Against this backdrop, the role of the cryptocurrency market will become more multifaceted. On one side, government debt and treasury supply influence global funding costs, while on the other, on-chain settlement, stablecoin usage, and tokenized assets are deconstructing "payments and assets." As capital seeks efficiency and liquidity, it will both chase high-volatility opportunities and place greater emphasis on the usability and exit speed of assets across different scenarios. Trading is gradually shifting from directional bets to managing correlation and drawdowns.
Translating macro narratives into operational levels hinges on making account management an executable process. On Catcrs, a tiered capital management approach is more suitable: retain a portion of stablecoins as margin and a buffer, adjust core positions dynamically around highly liquid assets, and strictly limit per-trade losses for opportunistic positions. Prioritize using limit orders, executing in batches, and setting clear stop-loss points. Embed "what to do when the price reaches a certain level" into the plan to minimize the erosion of decision-making by on-the-spot emotions.
In the era of debt, market conditions are never short of narratives; what is often lacking is discipline that can be consistently applied over the long term. By recording the rationale behind every position adjustment, setting a hard rule for maximum drawdown, and prioritizing cash flow and liquidity, the trading curve will more closely resemble a controlled system. Mastering these actions on Catcrs makes it easier to preserve capital during the next wave of volatility expansion and convert opportunities into realizable outcomes.