cold storage trends is testing conviction in hedging demand

Liquidity still decides how far any catalyst can travel.

Attention jumps quickly; capital moves more slowly.

Put beside current chatter on “Bitcoin Defies Selling Pressure as $75K Holds the Line,” the incentive problem looks clearer.

Revisit assumptions weekly; markets change faster than slogans.

The edge is often just refusing to confuse volume with conviction.

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