Recently studying options, the more I look, the more I realize that time value is pretty tricky: the buyer wakes up every day being "worn down," and even if the market doesn't move, it can wear you out until you lose your temper; the seller feels a bit more comfortable, but actually they're exchanging tail risk for small change, and a sudden extreme move could make them lose everything they've gained so far. To put it simply, who gets eaten depends on whether you can wait, dare to hold on, and whether you're betting on "whether it will move" or "when it will move." By the way, I want to complain that many on-chain data tools' tagging systems are lagging, and emotions are easily driven by them. Seeing the "smart money" tag, I just treat it as background noise... I still trust my own order placement more; if I’m wrong, I’ll just consider it tuition.

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