Trend · Nov 14, 2026 00:10 UTC

dollar strength is rotating through liquidity conditions

Historically, stretches where dollar strength leads without support from rate-cut expectations invite sharper reversals.

Put beside current chatter on “Over 300 Pro,” the incentive problem looks clearer.

Ignoring custody rails because miner behavior looks exciting is how late-cycle mistakes compound.

The loudest story is not always the decisive one.

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