order-book depth is fragmenting event-driven flows
Attention jumps quickly; capital moves more slowly.
For operators, process beats prediction when the tape is noisy.
That debate sits next to today’s market focus around “Bitcoin holds $75K as AI regulation fears see KOSPI halted after 8% crash.”
The healthier setup is alignment: cycle psychology improving while open interest stays orderly.
Stay close to what users and balance sheets are actually doing.
In practice, restaking and cold storage trends interact before price fully reflects either one.
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