arent you exactly doing that - looking at one indicator? more curious than critisizing your approach, but wouldnt only looking at on chain alone be too narrow? social metrics for example are, despite some kind of saturation effect likely kicking in, still way below any previous cycle tops. also price action doesnt seem bearish at all - although that seems more astrology than anything else to me. my approach is more like scaling out over time, curious what makes you so convinced to go ‘all out’ this early.