📈Ithaca Protocol Market Update 

► SPX funding spreads coming down: less demand for leverage while retail is still supportive
 
► DeepSeek no2? Manus AI ( vibe shift around China very palpable )

► Making the rounds; ‘ institutionalization of BTC a mortal danger; 1933 Gold confiscation executive order parallels ’, as if there isn’t enough FUD in the most bullish crypto related timeline ever

► The CT Ethereum timeline is distinctly more aggressive; mindshare gains will translate to price action when / if recovery takes hold. One more issue is, in the indiscriminate unwind of Trump trades ( US equities, short rates, long dollar ), crypto was one more of the pack