restaking continues to pressure desk risk limits — restaking is rotating through basis comp

If both cycle psychology and open interest improve together, follow-through is more believable.

That debate sits next to today’s market focus around “Morning Minute: Tom Lee Calls the Binance Hack Bullish for Ethereum.”

Discipline is cheapest before volatility arrives.

When restaking and cold storage trends disagree, sizing down beats inventing a clever story.

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