This wave of excitement—honestly—boils down to storytelling pushing people along. I’m often being tugged along for a couple of steps too... But now I feel more like someone using small scissors to trim grass, rather than someone charging ahead with a power drill. Before entering, write down your stop-loss; otherwise, once slippage gets big, it’s like a rhyme going off-beat, and the more you add to your position, the more it feels like you’re just finding rhetoric for the losses. After that recent mainstream public chain upgrade/maintenance—before and after—everyone in the group has been guessing whether the project will migrate. I don’t bet on the storyline anyway: keep your position smaller, aim for a wider price spread, then pull out, save a bit of ammunition, and wait for the narrative to cool down before checking the order book depth/market depth.

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