Yesterday I almost made the same stupid mistake and chased in again. Luckily, I stopped for three seconds and asked myself: is this the moment I’m seeing some new data, or am I just afraid of missing out?

After thinking it through, I really do have to admit that the recent on-chain labels are a bit confusing. The same address gets tagged with “smart money,” then it turns around and draws a door. In other words, the lag is bigger than I expected. Plainly put, the tools are just magnifying glasses—the real push to place an order is emotion.

So I’ve changed the rules now: the target is cut in half, and the profit expectation is no longer “double it”—it’s “make a bit of money, just enough to cover the fees and get a milk tea.” On top of that, I can actually hold my position. Before, I kept thinking in terms of big narratives, and every dip would make me panic. Now that the expectation is lower, the volatility doesn’t look nearly as scary.

That’s it for now. I’m not going to move this week—let’s see.