custody rails remains the swing factor for weekend risk

If both Ether and DEX volume improve together, follow-through is more believable.

Ignoring stablecoins because dollar strength looks exciting is how late-cycle mistakes compound.

Against the backdrop of “Fidelity's Timmer Doubts 60/40 Revival as Stock” and “Dow Jumps 1,500 Points on Democratic Win: Is Gridlock Priced In?”, positioning still matters more than slogans.

Cycles rhyme, but the plumbing underneath keeps changing.

Treat stablecoins as the constraint and dollar strength as the amplifier, not the other way around.

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