My current view of options buyers/sellers is that: time value is really just eating emotions. Buyers wake up every day being drained by "wait a little longer," losing a bit each day, and their mindset collapses first; sellers appear to earn premiums on the surface as if they’re winning passively, but in reality, they’re selling themselves to randomness—if a needle pricks through, they have to spit it back out and still pretend to be calm.

Recently, the group has been repeatedly discussing stablecoin regulation, reserve audits, and the rumors of "potential de-pegging," which basically means everyone is looking for reasons to legitimize their unease. I used to love chasing explanations, but later I realized that the more I chase, the more it feels like writing a script for my slippage... I no longer chase explanations; I accept randomness. The only thing I can do is keep my positions smaller so that time doesn’t eat me completely.