Lately, watching the market feels more and more like watching interest rate tables: when interest rates turn, everyone's risk appetite shrinks accordingly, and positions have to be scaled back. To be clear, it's not that I’ve become more conservative; it's that the opportunity cost of money has increased. If you’re still fully invested and betting on volatility, your mindset can easily break down. I now keep some cash/stablecoins as a buffer, and if I want to add positions, I do it in stages—don’t risk breaching the safety margin all at once.

AI agents, automated trading—these are also quite lively topics. Some hype it up as if it’s a fully automatic money-printing machine, but every extra step on the blockchain interaction adds a new risk. Authorization, contracts, private key management—all can go wrong. My biggest fear isn’t slowness; it’s chaos—chaos leads to chasing highs and selling lows, reckless authorization, over-leveraging. In the end, it’s not the market that causes losses, but losing control yourself. Anyway, survive first, then talk about gains.