rate-cut expectations keeps surprising consensus on narrative durability

When books are thin, narratives look stronger than they are.

Markets rarely move for a single reason.

Put beside current chatter on “Coinbase leads crypto stock selloff following $6.3B Binance hack,” the incentive problem looks clearer.

Meanwhile, risk appetite can either confirm the move or expose it as temporary.

None of this is financial advice; it is a framing for cleaner decisions.

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