Who blinks first?

Metaplanet critical window: 9:30–11:30AM EST.

🇺🇸 $MTPLF & 🇩🇪 $DN3 trade together while 🇯🇵 3350 stays halted.

Bear case:

-DN3 selling pressure leaks into MTPLF

-No sustained bid = illiquidity rug

-Reflexive downside hits just as hard

Bull case:

-89% of float locked in Tokyo

-MTPLF is a liquidity blackhole

-Modest volume gaps it +30%

-Sentiment spillover from Japan & ETF hype

-New TSE limit lets Japan chase higher tomorrow

Sentiment rules. Thin books magnify it.