These days, meme talk has become lively again, and the timeline is full of "narratives emerging." Basically, a narrative is just giving a nice-sounding reason for fluctuations, just like my fee model: first assume a bunch, then see who pays the bill. The funny thing is, everyone is shouting fairness while defaulting to the idea that they can beat the market; what's frustrating is that the on-chain "ordering art" is still the same old, with miners/validators and MEV enjoying the feast, while retail investors just curse a bit from behind and then keep pushing forward.

My own principle when playing with memes now is: set a stop-loss first before confirming, otherwise you think you're betting on the narrative, but actually you're providing exit liquidity for others. Stop-loss isn't mystical; if it drops below the point where I can accept that "this narrative is invalid," I exit. Don't get sentimental with the market... Anyway, I've said it before, the market won't return your favor. That's all for now.