How do I know if the strong ETF inflows and on-chain data indicate real long-term adoption or just short-term trades? It feels like macro headlines and Fed signals can easily distort the data and make speculation appear as 'real' demand.

It seems that U.S. investors are becoming more optimistic again, but how can I really know if this isn’t just a quick spike in sentiment that will turn back around? With Bitcoin hovering around the $90.5K to $91K support, what key indicators should I keep an eye on to determine if we have genuine, lasting momentum instead of another frustrating reversal?