Recently, I've seen a bunch of people watching on-chain large transfers and abnormal movements in exchange hot and cold wallets, directly treating it as "smart money" copying the answer... To be honest, it might just be arbitrage, consolidation, or risk control repositioning. While it's lively and interesting, don’t hand over your stop-loss rights.

My biggest fear when playing meme/narrative tokens isn't losing money, but a needle puncturing liquidity, triggering a cascade of liquidations. Now, I’ve adopted a very simple habit: before entering, think about the worst-case scenario and how I could get wiped out, then set my stop-loss at that price in advance. I prefer to keep my position very small and boring; when it rises, I move my stop-loss according to plan—no drama, no sudden "let’s wait and see." Long-term survival depends not on talent, because I don’t have any, but on these mechanical, bad-hearted habits.