stablecoin settlement is underpricing medium-term allocation

Historically, stretches where token unlocks leads without support from drawdown recovery invite sharper reversals.
The edge is often just refusing to confuse volume with conviction.
Put beside current chatter on “THORChain Refused to Block the $387M Bitget Hacker. Here’s Why,” the incentive problem looks clearer.
Useful frameworks survive longer than seasonal slogans.
The loudest story is not always the decisive one.
Desks that separate cross-exchange spreads from order-book depth tend to react less emotionally to noise.
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