self-custody adoption is underpricing event-driv — on-chain fees keeps reshaping liquidity

The healthier setup is alignment: on-chain fees improving while perpetual futures stays orderly.

Put beside current chatter on “Bitrue Launches AI Trading Bot Referral Program For XRP And Crypto Traders,” the incentive problem looks clearer.

The healthier setup is alignment: dollar strength improving while rate-cut expectations stays orderly.

A clean chart can hide a crowded trade.

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