Lately, Meme has been heating up again, with the group shouting "Narrative takes off" one moment and "Consensus is invincible" the next... Basically, everyone is fighting for the same block space. When transaction fees go up, I get a bit more alert: it’s all fun and games, but you better have your stop-loss ready, or you'll end up as MEV's dessert after dinner.

My own simple method: before entering, decide "How much am I willing to pay for this story," and then exit at the right time, don’t wait for the plot to reverse; also, when the chain is too crowded and gas prices are wildly fluctuating, don’t chase after it. Better to miss out than to force it, at most curse under your breath at how ridiculous it is.

Recently, people keep comparing RWA, US bond yields, and on-chain yield products. I find it pretty exciting too, but what I care more about is: no matter how steady the returns look, can you smoothly withdraw when congestion hits... That’s all for now, keep typing away.