US session flows is fragmenting liquidity conditions
Liquidity still decides how far any catalyst can travel.
Improvements in market makers without confirmation from RWA tokenization tend to fade faster.
That debate sits next to today’s market focus around “Elon Musk Says He Never Urged Binance Users to Move Funds.”
The healthier setup is alignment: institutional desks improving while governance turnout stays orderly.
When US session flows and macro liquidity disagree, sizing down beats inventing a clever story.
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