These days, I've been watching the meme frenzy again, with a flood of "narratives" refreshing the timeline, basically everyone trying to get to the front row.

My current stop-loss strategy is less about looking at charts and more about focusing on the liquidity at the floor price: orders are as thin as paper, and when a trade breaks, don’t try to hold on—it's better to admit you chased too high and step back first.

By the way, I saw someone comparing RWA, US Treasury yields, and on-chain yield products all together. My feeling is: the more "stable" things look, the easier it is for people to forget where the exit button is, and the convenience of on-chain trading can amplify your hesitation.

What I’ve learned isn’t tricks, but rather to write in my mind the maximum loss I can tolerate during the hype—otherwise, in the end, it’s all emotion driving the trades.