On-chain metrics vs. pure price action for ETH

I'm finding myself increasingly skeptical of the overreliance on on-chain metrics for short-to-medium term $ETHUSD plays. While they're undeniably powerful for macro trend analysis and understanding market structure at a fundamental level, when it comes to navigating intraday swings or even weekly pivots around levels like current $1877, pure price action analysis, looking at candle formations, volume profile, and order flow seems to offer a far more actionable edge. The lag in some on-chain data, or the potential for it to be misinterpreted without sufficient context, feels like a bigger handicap than the perceived 'leading' nature often touted. Change my mind, because I'm seeing too many miss opportunities trying to confirm obvious PA with nuanced on-chain readouts.