weekend thin books continues to pressure basis compression

Historically, stretches where cycle psychology leads without support from open interest invite sharper reversals.

Against the backdrop of “OpenAI reportedly cuts fundraising and valuation targets amid AI jitters” and “Ledger CTO Sounds Alarm Over New Cryptographic Threats to Bitcoin”, positioning still matters more than slogans.

The edge is often just refusing to confuse volume with conviction.

Most blow-ups start as comfortable consensus.

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