Recently, I've seen people take the chain of "stablecoin supply going up = ETF money flowing in = about to take off" as an iron law, but honestly, correlation shouldn't be mistaken for causation... A rise in stablecoins might just mean everyone is moving assets around/preparing ammunition, or it could be project teams incentivizing early to fill the pools—it's lively, but that doesn't mean it's the main driver.

The group is also quite divided: some are excitedly watching ETF net inflow screenshots, while others are complaining that new L1/L2s are launching incentives again, and TVL is being pumped up nicely, but in the end, it's still the old "mine and sell" routine. Anyway, I prefer to see these as emotional indicators rather than a steering wheel.

Personally, I still enjoy a bit of the romance of volatility: experimenting with small positions, admitting when I’m wrong, and not treating a chart as destiny. That’s all for now.