open interest quietly dominates builder priorities: reading the Crypto's Washington tape

Liquidity still decides how far any catalyst can travel.

Builders and treasuries should track open interest even when social feeds obsess over cycle psychology.

Even when feeds obsess over “Crypto's Washington playbook is working. Don't abandon it now,” the durable question remains process versus prediction.

Risk is easiest to ignore precisely when it is most expensive.

The healthier setup is alignment: restaking improving while cold storage trends stays orderly.

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