The feeling of "the liquidity suddenly disappeared" on the market these days has returned again, with the order book so thin it’s like paper cutouts, breaking at a touch. To put it simply, when liquidity dries up, the word "bottom fishing" sounds very passionate, but in reality, it’s more like extending your tentacles further out, only to be cut off with a pair of scissors.



My current approach is very timid: I’d rather earn a little less and first reduce my position and leverage, so I don’t let a single slippage crush my confidence. Modularization, DA layer narrative developers are talking excitedly, but users (including me) sometimes really look confused… Anyway, the more protocols you have, the harder they are to control. It’s better to survive first, and when the liquidity returns, take your time to study without shame.
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