Just saw someone talking about arbitrage opportunities. It felt like they were talking about sandwich attacks and front-running, like they’d found a “wealth code.”

Honestly, I’ve watched this a few rounds and I think I understand it. You think it’s an opportunity, but you might actually be someone else’s opportunity—those price gaps you see are all MEV bots waiting in the background. Your trade is the bullet: you fire it, and instead of benefiting, you end up feeding others, while you get stuck with slippage.

It’s pretty ironic. Retail traders always want to be the hunter, but end up often being fuel for someone else. What’s most scary isn’t just losing—it’s losing and only then realizing you were part of the whole setup from start to finish.

Recently I’ve been seeing some people aggressively talk about ETF fund flows and US stock risk appetite, saying this decision will drive crypto up or down. To be honest, you’ve seen this kind of interpretation so many times it’s not even tiring anymore—it’s kind of like using left-brain logic to explain right-brain emotions; it might not line up every day. For now, that’s it—keep observing.