Lately I've been thinking about interest rates again. Basically, they are like a faucet controlling everyone's risk appetite: when interest rates are high and cash is attractive, I tend to unconsciously want to reduce my positions a bit, even if the on-chain projects look good, I’ll wait; once the market starts to feel "it's about to loosen," everyone gets itchy hands, leverage and small coin tokens tend to heat up. I become more compulsive about reviewing authorization/signature history to prevent giving away an entry point for phishing once the market heats up.

The group has been quite divided these days over whether privacy coins/mixing coins are about protecting oneself or crossing regulatory boundaries, and the arguments are pretty intense. But I understand both sides' anxieties. Anyway, my approach is more conservative: I revoke permissions I don't need, split wallets when possible, and adjust my positions according to the macro rhythm, not fighting against emotions... for now, that's how it is.