Recently, a bunch of memes are taking turns being popular again. To be honest, emotions are more solid than fundamentals. I, who need guardrails even when crossing bridges, see them more like walking on a plank road without guardrails. My stop-loss is simple: before entering, think clearly about "how much I'm willing to lose," and leave when the time comes—don't tell yourself stories; take some profits in batches and put them back in your pocket, don't wait for the narrative to turn against you.

And also, some places raise taxes and tighten regulations, then loosen them again; expectations for deposits and withdrawals change, and everyone's confidence fluctuates. The on-chain hype looks pretty intense, but liquidity can disappear just like that. Anyway, I’d rather take a smaller slice now than stay up all night analyzing during "the last stretch." That’s all for now.