The market is warming up, yet the big players in the space are becoming cautious. Recently, there's been commentary suggesting that a supercycle could indeed be on the horizon, but the prerequisite is not being fooled by "cognitive bias." This voice of reason stands out particularly in an environment filled with FOMO.

Let's first look at several macro signals:

**Policy-level changes**
Regulatory authorities intend to remove crypto assets from the "high-risk" list, which is significant for the compliance process. In other words, barriers to large capital inflows are being gradually removed.

**How capital flows**
When macro headwinds ease, where does money go? Historical experience tells us it prioritizes targets with strong community foundations and new narrative support. Coins like ETH, ZEC, and POL happen to possess these characteristics.

**Lessons from cycles**
Those who truly made money are often not the most steadfast believers, but the most rational players. Maintaining clear thinking outperforms blind all-in approaches in navigating bull and bear markets.

So the question becomes—with both policy and sentiment tailwinds, is this truly the launch of a supercycle, or is Wall Street setting another trap? This answer may matter more than the price movements themselves.