Meme stuff, to put it simply, is when the narrative moves faster than the price. When it's lively, you watch the candlesticks like watching fireworks; by the time you react, the gunpowder smell has already dispersed. My current stop-loss doesn't really trust "breaking a certain line," I pay more attention to on-chain signals: mempool suddenly congested, gas inexplicably spiking, the same addresses trading back and forth, arbitrage traces becoming chaotic—these are more honest than any chart. If something feels off, cut your position in half first; the remaining is just a ticket, and if you lose, you accept it.

By the way, over in the NFT space, there's another debate about royalties, whether creators should get income or secondary markets need liquidity. I only think the market always prioritizes "being able to run fast." When the narrative collapses, no one will explain it to you... Anyway, I’d rather be called timid than be the last one holding onto a story and falling asleep.