Last night, I was checking on-chain data and felt pretty nervous about the "whale entering the market," almost tempted to make a move myself.

Later I realized that the dashboard I was watching actually tracks a certain indexing service, which is layered with an RPC, so a quick delay makes it look like "something has already happened," when in fact the on-chain data just confirmed it moments ago, or is even on the verge of restructuring...
To put it simply, what you see as "on-chain" might actually be someone else's interpretation of "on-chain."

Recently, fee rates have been extremely high to the point of absurdity, and in the group, people are arguing whether to reverse the trend or keep squeezing the bubble.
I'm now a bit more calm: don’t trust the on-chain signals at first glance, first verify the data source, latency, and whether it’s from the same chain at the same time point.
Otherwise, your emotions will be fed first, and you’ll lose before even starting the trade.
That’s all for now.