I tried once to "bottom fish" when liquidity was obviously drying up, but it wasn't that I misjudged the direction; I simply couldn't enter or exit gracefully: slippage was so high I doubted my life, and I couldn't cancel my orders. In the end, to save a bit on transaction fees, I ended up losing even more.

Later, I accepted it—surviving during the vacuum period is more important, having a smaller position and being able to exit at any time is truly better than "buying at the lowest."

Recently, the staking/sharing security model has been criticized as a "copycat," and I can understand why. The returns look great when stacked up, but once liquidity is pulled out, the first to suffer are these layered dependencies.
Anyway, I only ask myself two questions now: Can I get out if I want to tomorrow? Will I get stuck when I try to leave... That's it for now.