Recently, I've seen a bunch of people linking ETF capital flows, neighboring US stock market risk appetite, and crypto market rises and falls all together… It sounds like “once caffeine hits, everything can be connected.” But speaking about my own portfolio, being an LP really isn’t just sitting back and collecting fees. When the AMM curve bends, you think you’re making money, but then the price swings back and forth, and impermanent loss can wipe out that little “foam” you had. To put it simply, the more the market loves to jump around, the more it tests where you set your range and when you withdraw. Anyway, I’d rather earn a little less now and stay stable — my biggest fear isn’t slow, it’s chaos: slow can be waited out, but when things get chaotic, you can’t even tell where you’re losing money. That’s all for now, going to refill my bitter cup.