Just now, I was repeatedly refreshing the on-chain queue and got a bit itchy. I saw a certain pool suddenly flooded with trades in the same direction, gas prices kept rising. My first instinct was also to follow and chase. But after watching the mempool for two minutes, I realized it looked more like a few people squeezing into the same “moment,” with front-running and protection orders coming together. The scene was quite lively, but that phrase in my mind, “Don’t miss out,” was purely emotional.

So now, before I chase a rally, I always ask myself: What new information have I actually gained? Is it seeing real new inflows, or just being carried away by the congestion in the queue? Recently, modules and DA layers have been the hot topics, developers are excited as hell, while users look confused… Basically, it’s easier to treat narratives as signals. I usually reduce my position first, break down trades into smaller parts, preferring to miss out rather than pay the MEV tax for emotions.