Lately, I've been looking at data on stablecoin supply and ETF net inflows, which is quite straightforward, but it also reminds me not to jump to conclusions too quickly: more stablecoins don't necessarily mean an imminent market rally, and ETF inflows and outflows aren't always "new money from outside the market"; sometimes it's just funds moving between different containers. The correlation looks pleasing, but causality often isn't that obedient... I now prefer to see it as an emotional thermometer, gradually observing the rhythm alongside on-chain activity.

However, this "work feeling" during the airdrop season is really a bit annoying. Task platforms are simultaneously fighting against witch-hunting and running points systems, while the degenerate traders are forced to punch in for check-ins, and on-chain data gets muddled by this noise, making it even harder to interpret. Anyway, I’m not chasing the hype anymore; just set up my positions, keep it simple, and stay in a good mood.