Last night, I was browsing on-chain data again and saw someone using the stablecoin supply line to "predict" the market, but honestly, correlation does not equal causation... An increase in supply might just mean off-chain funds are preparing to come in, or it could be that everyone is minting tokens first and waiting for an opportunity, or it could even just be inventory for arbitrage or market making. The same goes for ETFs; net inflows are of course a positive sentiment indicator, but don’t jump to the conclusion that "it will take off tomorrow" just because funds are coming in. Many times, it’s just slow turnover and gradual absorption. Recently, L2s have started comparing TPS, fees, and subsidies again, arguing like they’re campaigning (I’m just sitting here watching with popcorn). Anyway, I now just treat "making the chart look better" as a reminder to myself not to get overly excited, and I’ll hold back on chasing gains with my fingers slipping.