Recently, I've seen people link stablecoin supply and ETF inflows and outflows to "about to take off / about to crash," but honestly, correlation does not equal causation... An increase in stablecoins might just mean everyone wants to stay on-chain and wait for opportunities first, and ETF inflows could also be slow, gradual off-chain investments, not necessarily pushing the market immediately. Recently, some regions have been tightening and loosening tax and compliance policies; the expectations for deposits and withdrawals actually influence sentiment more: everyone is watching and queuing first, and I still have to refresh and retry the withdrawal page several times. My approach remains the same—slowly build positions, keep hardware wallets ready, and don't let short-term data set the rhythm; prioritize risk first.