These days, I've seen a bunch of people directly translate "the supply of stablecoins has increased" and "ETF has incoming funds" into "so the next step must be a rise"… Honestly, correlation does not equal causation. Whether outside funds are coming in, why they are coming in, and how long they stay are not things that can be explained with a single chart. I myself am also stubborn; when I see on-chain activity, I get itchy to click confirm, cursing gas fees, but it doesn't stop me from batch interactions…

The criticism that the staking/sharing security model is just "copycat" is also normal. The compounded returns look satisfying, but the risks are also layered on. If one day it can't be untied, everything will be exposed. Currently, the information noise is too high. My only noise reduction strategy is: only look at where the funds come from, where they are going, and how long they are locked, instead of focusing on slogans and screenshots. That's all for now.