Recently, I saw someone directly infer that "the supply of stablecoins has increased + ETFs have entered the market" means "off-market funds are coming to lift the market." Listening to that, I just want to uninstall the app... Don't overstate the correlation as causation. Honestly, an increase in stablecoins might just mean everyone is shifting risk into a different pocket, and ETF inflows don't necessarily mean the small volume will immediately flow into your hands.

What I care about more now is where the liquidity actually is. The NFT royalty war is getting heated, creators want to make a living, but secondary sales complain about high transaction costs. The result is that order books are getting thinner, and the seemingly lively fragmented trades are clearly slowing down. Anyway, I’ll hold back from impulsively chasing, and if I really get tempted to exit, I’ll just go wash a cup first... then calm down and decide.