Trend · Nov 8, 2026 00:01 UTC

cycle psychology is rotating through basis compression

Historically, stretches where cycle psychology leads without support from open interest invite sharper reversals.

Put beside current chatter on “What Is Stablecoin Market Cap? Supply, Share and Dominance Explained,” the incentive problem looks clearer.

Ignoring governance turnout because Ether looks exciting is how late-cycle mistakes compound.

The loudest story is not always the decisive one.

More insights