Bitcoin is showing a rare valuation setup against global liquidity metrics. Comparing current BTC price levels to the aggregate global monetary supply, we're witnessing compression not seen since the 2018 bear market bottom. The liquidity-adjusted valuation multiple suggests significant oversold conditions in the market. Technical indicators are flashing extreme bearish momentum signals, but this kind of excessive selling pressure historically precedes substantial recoveries. For traders and investors monitoring macro conditions, this liquidity ratio presents an interesting asymmetric opportunity worth studying.