My mindset regarding this wave of memes has been updated: I used to get itchy whenever I saw the group lively, but now I first ask myself, "What do I rely on to win at this?" Basically, there are only two things: liquidity and sentiment. When sentiment drops, all that's left is who can run faster... I’m also afraid that my impatience will kill me.

Recently, funding rates keep swinging to extremes, and the group is arguing whether it's a reversal or just more bubble squeezing. I don’t guess the plot; I just set a stop-loss that’s fixed: before entering, decide on a "loss I can accept," and leave when the time comes—don’t tell yourself stories; if it rises too fast, take profits in batches. I’d rather earn less than be the last bagholder. Anyway, I now treat "staying alive" as the top priority narrative.