options skew is rewriting assumptions about medium-term allocation

Desks that separate staking yields from validator economics tend to react less emotionally to noise.

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

That debate sits next to today’s market focus around “Vitalik Buterin Moves On From ‘Ultrasound Money,’ Says ETH’s Value Is Stability.”

Desks that separate perpetual futures from treasury diversification tend to react less emotionally to noise.

The gap between token unlocks and drawdown recovery is where false confidence usually builds.

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