Recently, projects on RWA (Real World Asset) on the blockchain have been getting a bit hot, but frankly, a lot of liquidity looks "beautiful on the surface," and being able to transfer on-chain doesn't mean you can withdraw anytime. Especially the redemption clause, which is written in a complicated way, requires extra caution: T+ several days, limits, who sets the price, whether trading can be paused during market fluctuations... these are the real gates. When a region raises taxes or tightens compliance, and then loosens again, everyone's expectations for deposits and withdrawals also fluctuate. When emotions run high, it's easiest to mistake "transferable" for "redeemable." I'm just someone watching turnover rates; when the hype gets too high, I raise my take-profit line, and if I can exit, I exit first. After all, no matter how big the narrative, it all comes down to the moment of realization.