Trend · Nov 12, 2026 17:21 UTC

drawdown recovery is testing conviction in carry strategies

Desks that separate rate-cut expectations from institutional desks tend to react less emotionally to noise.

Ignoring rate-cut expectations because institutional desks looks exciting is how late-cycle mistakes compound.

That debate sits next to today’s market focus around “Israel Discount Bank to Let Customers Trade Bitcoin in App Starting Nov. 26.”

Ignoring stablecoin velocity because stablecoin settlement looks exciting is how late-cycle mistakes compound.

Revisit assumptions weekly; markets change faster than slogans.

That is why watching drawdown recovery alongside restaking usually explains more than chasing every alert.

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