I've been diving deep into this for a long time, but I can't help but say: recently, everyone has been linking ETF inflows and outflows, changes in stablecoin supply, plus the risk appetite in the US stock market, weaving it into a story of "so it rises/so it falls." It sounds smooth, but don't mistake correlation for causation... More stablecoins don't necessarily mean an immediate surge; it might just be off-chain funds waiting on the sidelines for an opportunity. ETF inflows aren't always "new money"; sometimes it's just repositioning. Honestly, I prefer to look at the rhythm: whether the money is coming in to rest, rotate, or take over. Anyway, I’d rather go slow for now, double-check the on-chain data, and not get carried away by a wave of hype.