Recently, I looked at a blockchain game pool again.

In the early stages, everyone was rushing hard.
I admit I was a bit envious of others posting screenshots of "daily output."
But after thinking calmly: the output relies on issuing new tokens and stacking them, while demand hasn't kept up.
When inflation kicks in, it's like pouring water into a pool without letting any out—eventually, it just dilutes to a point where no one wants to take it.
To put it simply, the pool isn't dragged down by "no one playing," but by "producing too eagerly."

These days, there's still debate in the group about whether the extreme capital fee rate is a reversal or just continuing to bubble.
My feeling is similar: the more extreme the sentiment, the more you shouldn't mistake short-term excitement for long-term value.
Projects that can suppress inflation and genuinely bring output back into consumption scenarios are the ones with potential; otherwise, any stimulation is just temporary.
Anyway, I prefer to take it slow—any pullback is just bumps along the way.