These days, watching the market feels a lot like checking the weather forecast: when interest rates rise, risk appetite cools down; trading volume shrinks first, but volatility tends to suddenly spike. To put it simply, market sentiment moves faster than news. I personally treat my positions like "clothes"—wear less when it's windy, don’t try to be brave. When macro conditions are tight, holding full positions is like gambling with your mindset—winning can easily go to your head.

By the way, recently hardware wallets have been out of stock, and phishing links are on the rise… The more these situations occur, the more it shows that everyone’s risk awareness is just as inconsistent as their positions—usually they find it troublesome, but when the market fluctuates, they start panicking. I’d rather earn a little less now than save those two seconds on a phishing link. That’s all for now, talk again next time.