I just reviewed a failed trade, and honestly, I was too impatient. Seeing the on-chain heat indicators skyrocketing, I hesitated for a moment and rushed in at market price, only to find that the slippage was much larger than I expected, and the execution price was pushed away by the waves... Later, I checked the trading records and realized that the liquidity depth at that time was actually quite thin. A few large orders hitting the market all at once caused the price to spike, and I chased after it in two separate attempts, which directly fed into the slippage.

Now the more I think about it, the more I believe that before placing an order, I should first glance at the depth, split the order into smaller parts, and be willing to be a bit slower—it's better than rushing in just because I feel it's about to take off. As for those on-chain data tools and tagging systems, recently they've been criticized for lagging or misleading, which is normal. I just treat them as a reference for sentiment, not as a navigation tool. When it comes to actually executing, looking at the market and transaction details is more reliable. Alright, I’m off to work.