In the middle of the night I kept seeing a few big transfers getting routed into exchanges—anyway, I can’t sleep. The truth is, lately the macro side has slightly loosened its tone on interest rates. Risk appetite, in theory, should get a lift, but the on-chain liquidity is like squeezing toothpaste—it just won’t move. Same with my own position: after staring at it for a long time, I decided not to do anything—call it a “stop scrolling” for now.

The concept of modular blockchains has been getting a lot of buzz in developer circles these past couple of days—things like the DA layer, and so on. I went through it all, and honestly, at the user level I’m completely clueless. In any case, since I don’t really understand it, I’ll “pause and watch” for a bit and wait until the data charts and graphs run smoothly before talking.

“I probably can’t stop scrolling” tonight… I’ll stop tomorrow.