I spent a whole day looking at on-chain data—stablecoin supply is indeed rising, and money has also kept flowing into the ETF side. But honestly, don’t get so quick to shout “cause-and-effect” just because you see a correlation. The market often goes like, “you think you’ve got it, but it’s just a coincidence.” Once the staking unlocks and the token unlock calendar are out, a bunch of people start worrying about potential selling pressure again. As for me, I think—if there’s selling pressure to be afraid of, it’s usually already been priced in. Anyway, I’m watching the on-chain activity while messing around with this little pixel theater. I’m not in a rush; I’ll wait for the price action to explain the logic by itself.

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