rate-cut expectations quietly dominates narrative durability

Ignoring perpetual futures because treasury diversification looks exciting is how late-cycle mistakes compound.

That debate sits next to today’s market focus around “Binance hack may involve private key ‘misuse,’ not theft: Blockaid CEO.”

Ignoring rate-cut expectations because institutional desks looks exciting is how late-cycle mistakes compound.

Keeping a written thesis helps avoid narrative whiplash.

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