Lately, looking at the options market feels a bit like watching a flower slowly wilt... Buyers wake up each day first bitten by time value, with no volatility, they can only wait; sellers seem to be collecting rent, but they’re also nervous, afraid that one day a needle might suddenly poke through, causing profits to be lost faster than gained. To put it simply, who time is eating depends on whether you hold onto hope or bear the unexpected. Moreover, now with cross-chain bridges having issues and oracles reporting outrageous prices, everyone is waiting for “confirmation,” and volatility gets suppressed, making it even harder for buyers, and sellers don’t dare to hold too much. Anyway, I’m just watching the emotional fluctuations in implied volatility and trading volume, and if I’m not confident, I’ll do less and observe more. That’s all for now.