self-custody adoption is underpricing liquidity conditions: reading the Mercado Bitcoin tape

Most blow-ups start as comfortable consensus.

Ignoring venture funding because US session flows looks exciting is how late-cycle mistakes compound.

Even when feeds obsess over “Mercado Bitcoin Hack: $8M in Ethereum Moved After Attack,” the durable question remains process versus prediction.

If self-custody adoption deteriorates while developer activity looks fine, the tape often turns defensive first.

Cycles rhyme, but the plumbing underneath keeps changing.

Keywords: Follow the latest developments in the crypto market · Digital Finance Founder · Follow the latest crypto investment developments · Digital Currency Explorer