Adding token economics, positioning, and crypto-specific risks.
| Concept | Explanation | |---|---| | Protocol quality | Use case, adoption, fees, security, governance, and value capture. | | Token economics | Supply, unlocks, inflation, concentration, and FDV. | | Technical context | Trend, momentum, volume, volatility, and market structure. | | Positioning | Funding, open interest, liquidations, dominance, and exchange flows. | | Risk | Custody, liquidity, smart-contract, venue, leverage, and regulatory exposure. |