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Use the complete system in the PDF: the TeX omits $\dot{y}=y(4x-1)/8$. Both coordinate axes are invariant, and the equilibrium points are $(0,0)$, $(1,0)$ and $(1/4,3/4)$. The Jacobian matrix isAt $(0,0)$ its eigenvalues are $1,-1/8$, and at $(1,0)$ they are $-1,3/8$: both points are saddle equilibria. At the coexistence point,Thus the interior point is a stable spiral. The nontrivial nullclines are $x+y=1$ and $x=1/4$: $x$ increases below the first and decreases above it, while $y$ increases to the right of the second and decreases to the left. The rotation near coexistence is counterclockwise.

A local linearization by itself does not prove that every interior solution has the same limit. For this logistic predator-prey model, let $x_{\ast }=1/4,y_{\ast }=3/4$ and use the Lyapunov functionThe inequality $u-1-\log u\ge 0$ makes $V$ nonnegative, with equality only at coexistence. Its sublevel sets are compact inside the positive quadrant, because $V$ diverges both at the axes and at infinity. Direct differentiation cancels the predator-prey cross terms and givesOn $\{\dot{V}=0\}$ one has $x=x_{\ast }$, and remaining there requires $\dot{x}=-x_{\ast }(y-y_{\ast })=0$. The largest invariant subset is therefore the coexistence point. The LaSalle invariance principle provesOn $x=0$, $y$ decays as $e^{-t/8}$ toward the origin. On $y=0$, the logistic differential equation takes every $x(0)>0$ to one. The origin itself stays fixed. These boundary trajectories are the exceptions to the interior convergence statement.