The biggest feeling I've had while watching the market these days isn't about the direction, but rather that liquidity is really a bit dried up: thin order books, large slippage, a slight move can kick you into a trap. To put it simply, at times like these, no matter how accurate your bottom fishing is, you might still lose to the impulse of "wanting to add to your position but ending up adding even deeper."



What I care about more now is surviving first: keep the position smaller, better to miss out than to hold on stubbornly; when I see a sudden influx into the exchange, I first assume someone is trying to dump, and don't rush to be the savior. Recently, there are a bunch of testnet incentives and token expectations again, and in the group, people are guessing every day whether the mainnet will issue tokens... Anyway, when I see this kind of heat, I first pull my hands back. The excitement is just excitement; when the day of actual payout comes, liquidity might not be enough, and it will be hard to run. For now, that's it, taking it slow is okay.
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