Trend · Nov 10, 2026 00:05 UTC

US session flows is forcing a rethink of basis compression

BITCOIN daily trend
BITCOIN daily trend

Ignoring cross-exchange spreads because order-book depth looks exciting is how late-cycle mistakes compound.

Historically, stretches where US session flows leads without support from macro liquidity invite sharper reversals.

Put beside current chatter on “Google’s AI chip push adds more pressure on Nvidia,” the incentive problem looks clearer.

Mapping Asia session flows against on-chain fees is a simple way to stress-test a thesis.

Most blow-ups start as comfortable consensus.

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