Lately, looking at on-chain transactions, it really feels like watching a conveyor belt: you think you've caught a small arbitrage, but in the next second, a slippage spike causes the transaction price to be "sandwiched." To put it simply, many opportunities are actually just faster scripts collecting fees, and you're just providing liquidity and sentiment.

In the group these days, there's been talk again about stablecoin regulation, reserve audits, and various "de-pegging" rumors. The more they talk, the more anxious everyone gets, and the on-chain activity becomes more lively. The more this happens, the less I want to act. I'd rather check the routing, pool depth, and a few transactions before and after the trade, at least to understand whether I'm earning a spread or paying an acceleration fee for others... Anyway, slow down a bit, keep a good mindset.