Lately I keep seeing people equate "the supply of stablecoins has increased" and "ETF money is coming in" directly to "the market is about to go up." It makes me want to laugh... Honestly, correlation can be very misleading. An increase in stablecoins could also mean everyone is just loading up on cash waiting for opportunities, or simply moving funds off-platform without any real intention to go on-chain. The same goes for ETFs; fund inflows and outflows don't necessarily align with on-chain sentiment—don't jump to conclusions based on a single chart.

By the way, some region is again discussing tax increases or loosening regulations. I tend to be slow to react; it took me a while to realize in the group chat that: oh, this might affect deposit and withdrawal expectations... But whether people are more willing to invest or more eager to withdraw, I don’t dare to pretend to understand. Anyway, when gas fees are high, I just slack off; when gas fees are low, I go on-chain for a few rounds—prioritizing fun and cost efficiency.