miner behavior is forcing a rethink of event-driven flows

Stay close to what users and balance sheets are actually doing.

The healthier setup is alignment: US session flows improving while macro liquidity stays orderly.

That debate sits next to today’s market focus around “Bitcoin holders have received eCash.”

The healthier setup is alignment: self-custody adoption improving while developer activity stays orderly.

In practice, US session flows and macro liquidity interact before price fully reflects either one.

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