Recently, the most frustrating thing about the market isn't the decline, but the sudden drying up of liquidity: you think you're bottom fishing, but you're actually unloading to others. When the routing is tangled and the pools are thin, slippage can wear down your patience, and the transaction prices are more outrageous than you expect. Don't blame your luck anymore.

Expectations of interest rate cuts, the US dollar index, and other macro topics are noisy, and risk assets still move together up and down. Honestly, you can't control it either. My noise reduction strategy is simple: only focus on depth and transaction quality. If the depth isn't enough, place fewer orders, split them up, or just not trade at all. Survive first; there will be plenty of opportunities for bottom fishing later.