Does the supply of stablecoins increase mean that a price rally is imminent?

I want to be this simple too, but I really don’t trust this linear story… ETF inflows and outflows, off-chain currency exchanges, market makers preparing bullets, or even just moving money from banks to the blockchain—all can push supply up, and it’s not necessarily causal for “immediate rise.” Last night, I saw a few large transfers, and the cold chart made me even clearer: some look like rebalancing, some look like transferring collateral between exchanges, the emotions are completely different. Moreover, now with staking and the “compound yield” of shared security, on one hand, they say funds will be locked away, and on the other hand, they get criticized for being a “copycat,” the conclusion is: when you see correlations, pause for two seconds. I only focus on flow and timing, not rushing to imagine the storyline.