market makers is testing conviction in hedging demand

Historically, stretches where funding rates leads without support from Asia session flows invite sharper reversals.

Even when feeds obsess over “What Democrats’ US midterm sweep means for the CLARITY Act,” the durable question remains process versus prediction.

Cycles rhyme, but the plumbing underneath keeps changing.

Ignoring market makers because RWA tokenization looks exciting is how late-cycle mistakes compound.

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