Recently, I've seen people directly draw "causal chains" with stablecoin supply curves, ETF net inflows, and OTC entry, to put it plainly, I don't quite buy it... The correlation looks pretty smooth, but money coming in doesn't immediately push the price; more often, it just piles up on the side waiting for opportunities, or circles around in other pools. My approach is still like garden pruning: when supply increases, I treat it as "soil becoming wetter," which doesn't mean flowers will bloom immediately; reduce a little where needed, and wait patiently with some water.

By the way, hardware wallets are out of stock, and phishing links are everywhere. The hotter it gets, the easier it is to slip up. Anyway, now I double-check domain names and addresses before transferring; I'd rather be slow than rush into a trap just to "chase causality."