NFT liquidity remains the swing factor for retail participation

Meanwhile, layer-2 networks can either confirm the move or expose it as temporary.

Revisit assumptions weekly; markets change faster than slogans.

Against the backdrop of “Sam Lyman: “Bitcoin doesn’t need America. America needs Bitcoin.”” and “Russia’s Central Bank Clears Exchange to Open Bitcoin and Crypto Trading on Nov. 22”, positioning still matters more than slogans.

Keeping a written thesis helps avoid narrative whiplash.

Improvements in Bitcoin without confirmation from layer-2 networks tend to fade faster.

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