Rather than staring at candlestick charts, it's better to look at the market from a different perspective. Today, I want to share three data dimensions that are usually used to gauge market pulse, which might be more interesting than price movements.

First, let's look at **on-chain liquidity changes**. The USDT and USDC balances in exchange wallets are very straightforward signals—sudden increases indicate that funds are accumulating, with large amounts waiting for the right opportunity; conversely, rapid decreases suggest that market participation is heating up, so you should pay more attention to the upcoming actions.

Next, focus on **the trends in the options market**. Smart money uses options to express their views, observing whether they are making long or short bets in the long term. The tendencies of these professional funds often reflect some deeper market consensus.

Third, is **community sentiment consistency**. When you see a certain KOL collectively singing the same tune or a particular viewpoint flooding the scene, it’s time to pause and think—such excessive uniformity can be a warning signal.

Most importantly: distinguish between the market "atmosphere" and the on-chain "facts." The former is easily overwhelmed by emotions, while the latter is closer to the truth. The excitement belongs to everyone, but your trading decisions should be your own.

Do you have any other special indicators you frequently watch? Share in the comments.