Trend · Nov 12, 2026 17:20 UTC

rate-cut expectations is supporting carry strategies

Ignoring perpetual futures because treasury diversification looks exciting is how late-cycle mistakes compound.

Most blow-ups start as comfortable consensus.

Against the backdrop of “Bitcoin ETFs Lose $299.8M as Five” and “Gemini Sells UK and European Operations to KAST for Under $10 Million”, positioning still matters more than slogans.

Desks that separate rate-cut expectations from institutional desks tend to react less emotionally to noise.

The gap between lending markets and NFT liquidity is where false confidence usually builds.

Useful frameworks survive longer than seasonal slogans.

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