Recently, I've seen people use the curve of stablecoin supply to align with ETF capital flows, then conclude that "money is coming in / going out." I'm a bit wary of this kind of correlation illusion... Off-exchange money is often not attracted by price, but driven by expectations like "deposit and withdrawal flow, whether it will be investigated, whether taxes will increase." In some regions, when there's talk of tax hikes or tighter compliance, many people in the group immediately become hesitant; when conditions loosen a bit, they start to be bold again. In fact, this isn't strongly causal with candlestick charts.

Lately, I've also adjusted my goals downward: not chasing daily correctness, nor forcing myself to grasp "grand narratives," but instead focusing on following the plan to make fewer mistakes and avoid impulsiveness. Honestly, position size isn't about pride; don't take a chart as evidence. First, understand your own emotions clearly before making judgments.