CandleChaser

Lately, I've been obsessively watching stablecoin supply data until my eyes are blurred... Whenever it rises, someone says "Off-chain funds are coming in, the bull market is near," I admit I used to think the same way, chasing the rally until I doubted everything. Now that I think about it, correlation does not equal causation. ETF subscriptions, market making and rebalancing, internal exchange rotations, or even just changing shells and moving things around can all push the curve up, but that doesn't mean someone is immediately putting real money into the market.
I'm just an impulsive retail