These past couple of days, once the market cooled down, liquidity really disappeared instantly. There seemed to be quite a few orders, but when a trade actually happened, it swallowed you whole in one go, and the slippage was pretty awkward. To put it simply, during times like these, don’t rush to buy the dip; first, tidy up your positions and leverage, keep some cash flow, surviving is more important than catching that rebound.

Additionally, in the community, there’s a lot of debate about privacy coins/mixing coins and the boundaries of compliance. I’m not taking sides anymore; I just think the risk isn’t “whether it will happen,” but “when it will happen.” On the node side, I’ll honestly keep an eye on the penalty conditions—play it safe and steady for now.