Tonight, I was staring at the rate monitoring until my eyes were dry, and suddenly I remembered that recently there’s been a flood of PFPs and membership cards, everyone’s asking “Long-term value or short-term attention.” Honestly, most of the time it’s just a wave of excitement first; whether it can become a brand depends on whether there’s continuous delivery afterward. Otherwise, it’s like me opening a contract—impulsive for a few minutes, then it all depends on stop-loss to save my life.

Recently, ETF capital flows and U.S. stock risk appetite have been linked tightly to the rise and fall of the crypto market, but the more I see it, the more I want to “pause”: stop chasing, pause to see what the project is really doing, stop scrolling through information feeds and don’t be led by emotions. As for memberships, I only recognize two points now: you can benefit even if you’re not in the group; and you’re willing to hold on calmly. That’s it for now, continuing the night shift.