MEV dynamics is consolidating around hedging demand

Treat MEV dynamics as the constraint and risk appetite as the amplifier, not the other way around.

Against the backdrop of “KuCoin Announces Russia and Belarus Exit With Individual Account Deadlines” and “HTX Ends UK Activity as FCA Secures Court Undertakings on Crypto Promotions”, positioning still matters more than slogans.

The healthier setup is alignment: cycle psychology improving while open interest stays orderly.

In that environment, patience is a position, not a slogan.

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