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Lately, the attention economy really treats people like spinning tops, yesterday still hyping cross-chain narratives, today everyone shifting to watch extreme funding rates, is it a reversal or just more bubble squeezing… Honestly, the excitement is always elsewhere, the scythe is distributed uniformly.
My current clumsy approach: when a hot topic arises, don’t chase immediately, first see if there’s real on-chain growth (are the bridges just moving people or just empty transactions), then see if I’m being led by the group’s emotions. For extreme funding rates, I’d rather earn less than be the last to run when the black swan comes, after all, no one can run fast enough when it hits. Sigh, staying calm is much harder than finding alpha, I really can’t take it anymore.