Recently, the group has been talking about "Stablecoin supply increasing = a bull market is coming" and "ETF inflows = taking off soon"... It sounds pretty satisfying, but honestly, these are more like thermometers than engines. More stablecoins might just mean everyone is moving bricks/ waiting for opportunities, and ETF inflows don't necessarily turn into a rush of spot buying immediately. It's normal for off-exchange funds to come in and first observe.

The kind of collapse points in blockchain games seem quite similar: when inflation kicks in, studios start to fold, and coin prices drop, everyone begins to treat correlation as causation and chase after "data," resulting in more panic the more they chase. Anyway, I now see indicators just as references; if I really want to act, I focus on token models that aren't too crazy... That's all for now.