Just finished a bunch of trading records, and my hand slipped, making me want to chase that big bullish candle... I usually pause for ten seconds first and ask myself: What information did I actually get? Or am I just panicking because I see others rushing in. To put it simply, the information should come down to "where is the money coming from and where is it going," such as whether the project's treasury is spending, whether there are new income streams, or if there are abnormal transfers on the on-chain addresses; if you can't clearly explain these, then it's probably just emotions driving your position.

Recently, the NFT royalty issue also feels similar: everyone arguing about whether creators should get paid, whether secondary sales need liquidity, and in the end, it all boils down to how cash flow is allocated. Chasing a rally is the same—don't get caught up in the hype and rhythm, first make sure you understand the numbers, and if you can't, buy less... That's all for now.