These days, I've seen a bunch of people treat "the supply of stablecoins increasing = a quick rally" as an iron law. Honestly, the correlation looks convincing, but it might not be causal; it could just be that outside funds are coming in and staying there, waiting for other entry points (like ETFs or OTC) to gradually divert, or simply just watching from the sidelines. Especially now, attention shifts faster than capital due to memes and a few words from celebrities, and emotions can outpace funds. When newcomers get excited, they tend to jump in at the last moment.

What I personally pay more attention to as a "signal" is: when the hype rises, do people start justifying it with all kinds of reasons to boost their confidence... Once this kind of self-reinforcement becomes more common, I tend to step back first, anyway, not being the main player is also pretty good.