Just after brushing through a round of hot topics, on-chain capital flows rotated from AI to RWA, and then to meme—switching even faster than it takes me to refresh the page. Honestly, at times like this I’d rather just stare blankly at the fund flow chart: rate-cut expectations and the US Dollar Index move up and down together, and everyone is guessing at the macro “ace in the hole,” but sentiment is too easy to skew the data. Like lining up for a queue—you’re more likely to get stuck the more urgently you try to retry. Anyway, I have just one principle right now: don’t chase the hotspots; just wait for the emotions to cool down, and see whose anxiety that “mirror ball” reflection really reveals.