I recently saw those "seemingly lucrative arbitrage" opportunities on the blockchain, and honestly, many times what you're earning isn't the market’s money, but the bones left behind by others' sandwiches... You think you've caught a price difference, but in reality, they've already queued up behind you, casually taking your slippage as a fee. The most frustrating part is that sometimes you actually manage to execute the trade and make a small profit, which makes you even more hooked.

Why do I get itchy hands? It's that illusion of "I understand this," plus the fear of missing out, especially now that the staking unlocks/token unlock calendar is being pulled out every day to scare people. Everyone is waiting for selling pressure, so I tend to imagine "there must be volatility = there must be opportunity." Anyway, my current approach is very simple: when I see an unusually attractive price difference, I first assume it's a bait, then analyze the trading path and timestamp. If I can't find concrete evidence, I just treat it as if it doesn't exist.