Analysis · Nov 10, 2026 00:05 UTC

lending markets is rewriting assumptions about medium-term allocation

A clean chart can hide a crowded trade.

The healthier setup is alignment: dollar strength improving while rate-cut expectations stays orderly.

Put beside current chatter on “North Korean hackers create memecoins to launder funds from Binance hack: Elliptic,” the incentive problem looks clearer.

When miner behavior and Bitcoin disagree, sizing down beats inventing a clever story.

When lending markets and NFT liquidity disagree, sizing down beats inventing a clever story.

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