Recently, when I look at sandwiches and arbitrage, people always say, “The opportunity is here.” But when I stare at those transactions on-chain, most of the time I feel like I’m the one going through hoops to rack up the other side’s fees… You think you’re copy-trading to snatch a spread, but the other party may have already paved the road—while you’re just at the tail end, inhaling the exhaust.

What’s even more irritating is that a lot of on-chain data tools and labeling systems get flak for being laggy, or even for being misleading. Seeing the “smart money” label makes me itch to dig in—then when I look back, I find it’s a route wearing several layers of disguises, and my whole mindset just deflates. Anyway, I feel more like I’m raising succulents now: water less, separate them into different pots, and I’d rather miss a few times than drown the plants all at once in one go. That’s it for today—take it slow.