Recently, I see everyone linking ETF capital flows and risk appetite in the US stock market with the rise and fall of the crypto market… I’d rather first understand the cross-chain thing: a transfer from chain A to chain B is not just “sending a message and it arrives,” who do you trust in the middle? The consensus of the chain itself counts as one layer, and with IBC you also have to trust whether the other side’s light client verification is running correctly; if you use a bridge, then there’s an additional layer of relayers/validators/multisigs or even oracles, the more components there are, the more cautious you need to be. Basically, what’s crossing isn’t just assets, but a series of promises, and the more people making those promises, the more likely something will go wrong. Anyway, I’m more like raising succulents, taking it slow, first screenshot complex rules and save them, don’t be too reckless… that’s all for now.