India's central bank chief just dropped a reality check on the export front. Speaking about the current economic landscape, the RBI Governor pointed out that merchandise exports aren't exactly smooth sailing right now—they're hitting some rough patches.

This matters more than you might think. When traditional export channels face pressure, it often signals broader shifts in global trade dynamics. Currency flows get affected, risk appetites change, and eventually these ripples reach crypto markets too.

The headwinds he's referring to? Likely a mix of global demand cooling off, geopolitical tensions messing with supply chains, and major economies tightening their belts. For anyone watching macro trends, this is the kind of signal that hints at where capital might flow next—especially when conventional markets start looking shaky.