US session flows is fragmenting basis compression

In that sense, DeFi maturity looks less like “higher APY” and more like fewer reasons to leave.

The healthier setup is alignment: miner behavior improving while Bitcoin stays orderly.

Put beside current chatter on “Bitcoin Shrugs Off Midterms as Experts Say Democratic Sweep Was 'Priced In',” the incentive problem looks clearer.

The healthier setup is alignment: US session flows improving while macro liquidity stays orderly.

A clean chart can hide a crowded trade.

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