These past two days I’ve been watching the meme excitement. The more hype there is, the more I want to write down my stop-loss first—otherwise one accidental twitch and it turns into a “belief position.” To put it simply, the meme narrative isn’t something you slowly tell out; it’s emotion that suddenly comes crashing down—crash, then it might disperse… I usually just watch two things: whether on-chain leverage is stacking higher and higher, and whether during a pullback the trading volume suddenly gets thinner. If it feels off, I reduce, even if it means getting sold too early—I’ll accept it.

The modular, DA stuff that’s been under development lately has developers pretty excited, but users look completely confused. I take it as a risk reminder instead: the more a narrative needs to be “translated,” the easier it is to get led by emotions. Anyway—just stay alive first. Don’t rush to be the last runner taking the baton.