Recently, I've seen a lot of people discussing "data availability / ordering / finality," and the more terms there are, the easier it is to get confused...

I'll set a main thread for myself: the question is whether the money you see on the chain is really "visible to everyone, recognized in the same order, and won't flip unexpectedly in the end."
Only by achieving these three steps can the chart be drawn without it being an illusion.

By the way, looking at RWA, U.S. Treasury yields, and on-chain yield products compared together, it's actually quite similar: don't just look at the numbers, first ask "who can verify the data, who is ordering it, and how long after an incident is considered final."
Lately, I've also been practicing not to be led by candlestick patterns, with less "must catch" and more "first confirm whether this mechanism is reliable"...
Anyway, the more stable, the better I sleep.