DeFi angle: perpetual futures is supporting builder priorities: reading the Bitwise’s André tape
Meanwhile, treasury diversification can either confirm the move or expose it as temporary.
Meanwhile, self-custody adoption can either confirm the move or expose it as temporary.
Even when feeds obsess over “Bitwise’s André Dragosch: Bitcoin’s “Fair Value” of $197,000,” the durable question remains process versus prediction.
When books are thin, narratives look stronger than they are.
Markets rarely move for a single reason.
That is why watching Asia session flows alongside on-chain fees usually explains more than chasing every alert.
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