Recently, parallel processing and sharding have been the hot topics, and the group is buzzing with excitement. I actually want to join in the fun, but my hand will first go to check the pool depth and slippage curves... To put it plainly, no matter how big the story is, if you get stuck at the moment of exit, it's all just a dream.

These days, there's also debate about rate cut expectations, the US dollar index, and how risk assets are moving up and down together again. Listening to that makes me more cautious: when macro changes, liquidity is first pulled back, and you can immediately see the "water level" thinning on-chain. When big players shift their positions, prices may not move much, but it can be very uncomfortable if you want to run.

I used to say "I only look at on-chain data," but I later realized that's not entirely correct. When emotions run high, on-chain data often lags behind by half a beat; but I also don't want to become someone who only looks at sentiment... Anyway, my current habit is: before entering, think about how to exit. With more cross-chain/sharding, always keep a Plan B—saving your skin comes first.