Lately, I've been paying more attention to macro than to candlestick charts: when interest rates go up, that little bit of "daring to gamble" in the market is halved, and even the slightest movement can easily lead to liquidation, which also makes the liquidity of copycat projects thinner. To put it simply, risk appetite is transmitted from cash interest; if you hold a stable asset with returns, you're less inclined to chase the thrill of volatility. So my positions are layered: small core holdings, more flexible ones, and in extreme market conditions, I can still add. Now, new L1/L2 projects are offering incentives to boost TVL, and I understand old users complaining about "mining, selling," because hot money comes quickly and leaves just as fast. I'm more the type to think about how to survive first, rather than rushing in at the first sign of hype. Anyway, for now, staying steady is the best.