stablecoin velocity remains the swing factor for narrative durability
Builders and treasuries should track MEV dynamics even when social feeds obsess over risk appetite.
The practical takeaway is to prefer durable signals over dramatic ones.
Put beside current chatter on “Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19,” the incentive problem looks clearer.
Risk is easiest to ignore precisely when it is most expensive.
Keeping a written thesis helps avoid narrative whiplash.
Builders and treasuries should track protocol revenue even when social feeds obsess over exchange reserves.
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