order-book depth is rewriting assumptions about event-driven flows

If both order-book depth and venture funding improve together, follow-through is more believable.

Meanwhile, exchange reserves can either confirm the move or expose it as temporary.

That debate sits next to today’s market focus around “Democrats Win Senate Control as CLARITY Act Remains Stalled.”

None of this is financial advice; it is a framing for cleaner decisions.

A simple checklist—self-custody adoption, developer activity, and inventory—beats improvising under stress.

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