X @Bankless

“If you have a lot of leverage building up and you’re not seeing sort of strength behind that is when you get these potential air pockets.”Trading and ETF volumes are low. Active users are low.We're not seeing a lot of interest in the degen layer. No memecoins, no alts."The market’s tilted heavily towards risk with all the leverage but I’m seeing weakness underneath that."- Michael Nadeau ( @JustDeauIt ) from @the_defi_report ...