Just staring at the on-chain data for a while, I realize that so-called "arbitrage opportunities" are often just transaction fees arranged by others... You think you've bought at a low point, but in the end, you're squeezed between two trades, like being made into a sandwich, taking a bite and tasting slippage. Meme-style attention shifts are even more exaggerated; when a celebrity calls out, people rush in. Old players say don't take the last hit—I didn't believe it before, but now I do a bit. There's too much information, which is quite stressful. I've now set a filter for myself: only watch two pools + a few old wallets' movements, treat other trending Twitter keywords as noise first. If I can't resist the urge to jump in, I’ll first take a sip of water; if I can hold back, that's considered a win.

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