These days, I see many people focusing on stablecoin supply curves and ETF net inflow screenshots, then casually thinking "it's going to pump." I also look at these, but mostly treat them as a "thermometer."

By the way, the pledge unlocking and token unlock calendar are repeatedly brought up, making everyone feel like they've already watched a horror movie about selling pressure in their minds.

To put it simply, correlation really doesn't equal causation: more stablecoins might mean entering the market, or it could just be a shell game waiting outside; ETF inflows don't necessarily translate to on-chain activity the same day, not to mention market making, hedging, and settlement rhythms in between.
My approach remains the same: treat these as one factor among others, combined with retracement and execution rules, rather than being led by the "seems reasonable" narrative and missing out.