Playing on-chain is now more pure; you don't even need to look at the narrative.
1. Look for the dealer, find the dealer: You need to be familiar with some dealer's techniques, for example, which VCs are relatively better, and which VCs are purely emerging. Based on this, decide whether to participate or not.
2. Look at who is calling the shots: The background of the person making the call is very important. Some are just fools, while others are purely emerging; you can ignore the former. Just pay attention to those who have volume and don't cut losses. As for who they are, just gradually figure it out; it won't be those who are just crunching numbers all day according to the rules, right?
3. Who has entered and who hasn’t: This one is even simpler. Those who haven't entered are potential candidates for you to take over. If everyone has entered and the price hasn’t risen, then what force is there left to take over?
Everything I said above is just nonsense because I am already in 👇