These past few days I’ve been watching the gas trend, and I can smell that familiar crowded, congested vibe again. The royalty dispute has been going back and forth, and at the end of the day it’s still about how profits are allocated. Without getting into specific projects, it just feels like on-chain sentiment is getting too emotional. Lately the staking unlocks and token unlock calendars have been popping up nonstop—everyone’s talking about sell-pressure anxiety, but if we’re being blunt, panic often hurts more than actual sell pressure. Anyway, I’m just a small player—I don’t fully understand it and I don’t want to follow the crowd. For now, I’ll leave it at that, keep watching the order book, and see which way the spark runs.