Recently, this liquidity... To put it simply, survive first and then talk about bottom-fishing. The market is so thin that it slips with a touch, and it's easy for my mindset to be pulled back and forth. I prefer to move less, keep my position lighter, and save some bullets for when the emotions truly warm up again. I also envy others who manage to catch the low point in one go, even a bit jealous, but then I think about my own temperament—staying steady suits me better.

These past couple of days, I've seen people comparing RWA and US bond yields to on-chain yield products, which is quite interesting. But I don't really believe in the idea that you can earn risk-free profits everywhere... Anyway, the first priority is to control the drawdown; only by surviving can there be a next opportunity.