Just plugged my phone into the charger, and my hand itched to chase a pull-up… I’ll pause for now, stare at that charging cable, and ask myself: Am I adding to my position to make up for “information,” or am I just keeping my emotions alive? Plainly put, if it’s something you truly have conviction in, then the on-chain net inflow / TVL at least needs to keep up somewhat; otherwise, you’re just watching the K-line heartbeat.

These past two days, I’ve been hearing people talk about tax hikes in some areas and compliance tightening up for a while, then easing again—it's having a big impact on expectations for deposits and withdrawals. Really, a lot of people are just scared they won’t have time, not that they’ve actually figured it out. Anyway, I’ll set the position button aside first and pull up the liquidation line to take a look… If I can sleep, then fine; if I can’t, it means it’s not an opportunity—it’s anxiety.