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Bitcoin is clinging to support after shrugging off two risk-off events, but the path higher looks anything but smooth, and there's a trade that may offer better risk-adjusted returns than simply chasing spot. Beneath the surface, the divergence is stark: a handful of setups look genuinely promising, while dozens more are quietly breaking down.
Worldcoin was a key beneficiary of OpenAI IPO expectations, with its price also buoyed by SpaceX IPO speculation. But in the latest AI-theme unwind, it has become one of the hardest-hit tokens.
We break down which setups look favorable, which look broken, and where the capital is actually rotating.
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