Lately, I feel like attention is the biggest scythe. When hot topics change, people follow along; I get itchy too, but after checking the on-chain paths a few times, I realize: the front-line chips were already buried early, only the back line starts to "believe the narrative." To put it simply, you're not buying an asset, you're buying someone else's attention residue.

These days, the funding rate has swung to extremes again, and the group is arguing loudly: is it a reversal or just more bubble squeezing? I see it more as an amplifier of emotions; the more outrageous the rate, the easier it is to push people to the same side, and then someone comes specifically to herd the flock.

My current makeshift method: the hotter the hot topic, the slower I go; first, check if a few old addresses are changing aliases or if there's obvious relay transfer; if I don't understand, I don't participate—missed opportunities are missed. Next time a hot topic comes to your hands, how will you judge whether you're "ahead of the curve" or just being pushed along?