These days, that feeling of “no water” in the market has returned, with order books so thin it’s ridiculous. Honestly, at this point, don’t keep thinking about divine dips; focus on surviving first, then talk about other things. I now daily feed the little dog watching TVL, and when I see it stop leaking downward, I breathe a sigh of relief. I just observe other complex strategies.

Some people keep an eye on large on-chain transfers and abnormal movements in exchange hot and cold wallets, claiming it’s smart money entering or fleeing… I used to get caught up in that too, but the more I watch, the more anxious I get. Now I see it as noise: reduce your position a bit, move less, keep some bullets in reserve. If you really want to buy, do it gradually in several tranches. After all, only by staying alive can there be a next round.