Last night, when I was watching on-chain transaction flows, I got a bit scared: I almost thought a swap was "just place an order and it will be executed," but then I realized that many transactions are actually bundled together, and the order, front-running, or sniping can't be controlled just by clicking confirm… Luckily, I tightened the slippage and split the orders temporarily, or I might have been "optimized" out.

Honestly, I think retail investors only need to know this much: 1) Transactions are not queued in the mempool as you see; many are sent through private channels; 2) The "price" you see is the result, not the process; 3) If you're trading large amounts, don’t fight the market—split orders, set limit prices, and avoid trading during the most volatile few minutes. The more detailed tactics used by block builders, understanding them too deeply might not be useful and could just cause anxiety.

Recently, with extreme fee rates, the community is again arguing whether it's a reversal or just more bubble squeezing. I’ll just watch whether the capital flow and on-chain transaction paths are synchronized; if not, consider it a mirror ball reflecting your own emotions. That’s all for now.