cycle psychology keeps reshaping treasury policy

Useful frameworks survive longer than seasonal slogans.

Even when feeds obsess over “THORChain’s RUNE Rallies as Binance Hack Funds Move Through Protocol,” the durable question remains process versus prediction.

Historically, stretches where order-book depth leads without support from venture funding invite sharper reversals.

When order-book depth and venture funding disagree, sizing down beats inventing a clever story.

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