rate-cut expectations is testing conviction in carry strategies

Most blow-ups start as comfortable consensus.

Ignoring governance turnout because Ether looks exciting is how late-cycle mistakes compound.

Put beside current chatter on “Bitcoin Could Be Done Falling This Cycle, Analyst Predicts,” the incentive problem looks clearer.

Better questions beat louder opinions when regimes shift.

Cycles rhyme, but the plumbing underneath keeps changing.

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