That’s the rule.
They start moving when the market senses the panic may be over.
There is also a policy angle here.
President Trump publicly accused banks of trying to undermine the GENIUS Act and urged lawmakers to move on broader market-structure legislation, as crypto firms and traditional banks clash over whether stablecoin platforms should be allowed to pass yield-like rewards to users. Coindesk reported the dispute centers on stablecoin rewards and followed a private meeting between Trump and Coinbase CEO Brian Armstrong. Coinbase’s own help materials say USDC rewards rates can change, but confirm that customers can earn rewards simply by holding USDC on the platform.
But it does create a setup.
And when crypto sets up, you want to know where the easiest vehicles are before the crowd piles back in.
They just stop getting worse.
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