Today I watched the charts until I started to feel numb, and suddenly it hit me—stop-loss really is like a breakup... You’re clearly not a match, yet you stubbornly hold on anyway. And the longer you drag it out, the more drained you get—not just emotionally, but also because fees and interest slowly eat you away. To be blunt, the hardest part is accepting the loss in that moment; but the earlier you hit the button, the clearer the post-mortem feels, and you can sleep a bit more soundly.

I still treat on-chain fund flows like a “weather report”: if the wind’s wrong, just pull in the umbrella—don’t keep wrestling with yourself. By the way, I also saw the whole NFT royalty issue flare up again: creators want income, but the secondary market complains that it isn’t liquid. It feels like the same logic as a stop-loss—costs that should be paid but aren’t willing to face, and in the end everyone ends up hurting more. Anyway, I’ve got one line to say right now: if you’re wrong,撤；don’t treat hope as a strategy.