TL;DR Macro: Liquidity’s been tight since early November (SOFR/IORB dynamics), but it’s starting to normalize; policy shifts away from max QT should drip-feed support—with a lag.BTC: Sitting on a do-or-die…
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TL;DR Macro: Liquidity’s been tight since early November (SOFR/IORB dynamics), but it’s starting to normalize; policy shifts away from max QT should drip-feed support—with a lag.BTC: Sitting on a do-or-die…
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