I muted the group, and it finally feels like my ears aren’t getting blasted by talk like “smart money is coming / about to dump the market”… The chart is still the same chart, but my mindset is steadier now.

Lately, everyone keeps fixating on stablecoin supply, ETF inflows, and off-exchange funds. They’ll just take correlation as causation. In plain terms, sometimes it’s only different parts of the same song playing at the same time—it doesn’t mean the next beat will inevitably go a certain way.

When large on-chain transfers happen, or exchanges move hot and cold wallets, people interpret it like it’s all a script. But the more I’ve seen, the more I want to slow down: don’t go all-in, don’t get carried away—keep some cash as a turntable stylus cover. Either way, time will play out. That’s all for now.