Trend · Nov 13, 2026 00:21 UTC

stablecoin velocity is overpricing retail participation

Historically, stretches where on-chain fees leads without support from perpetual futures invite sharper reversals.

Put beside current chatter on “Bitcoin weakness erases September's bullish signal,” the incentive problem looks clearer.

Useful frameworks survive longer than seasonal slogans.

Keeping a written thesis helps avoid narrative whiplash.

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