Just now, I got the itch to chase again. As the candlesticks kept rising, all I could think was "If I don't get in now, it's gone"... I paused for ten seconds and asked myself: Did I really get some new information, or was I just being carried away by the excitement in the group to push my position? Recently, with extreme fee rates, everyone has started arguing whether to reverse or continue squeezing the bubble. Honestly, the more they argue, the easier I get caught up. Later, I realized that what I call "understanding" is often just imagining the trading path too smoothly: assuming the default route is always optimal, with no slippage or slippage traps, and as a result, emotions are leveraged. Now I usually break down the possible transaction paths into two layers, think through how badly I could get eaten, and then decide whether to act... If I don't, it's no big deal; missing out is just missing out.