I used to love watching charts of stablecoin supply, ETF inflows, and other indicators. Whenever I saw an upward trend, I would imagine "money is coming, prices will go up." Now I tend to treat them as thermometers: you can see if it's hot or not, but that doesn't mean you'll have a fever in the next second. Off-chain funds sometimes just switch channels in and out, or stay in stablecoins to observe first. Their correlation is quite similar to "appearing together," so don't rush to assume causality.

Recently, Meme coins and celebrity endorsements have caused another round of attention rotation. Many newcomers jump in when they see the excitement. I can only say that veteran players' advice to "not take the last baton" is really not just for show. Anyway, I remain the same: grid trading + batching, following the checklist, and reducing activity when there's no signal. Missing out is also part of the game.