When liquidity dries up, all the "bottom-fishing faith" must be put aside first. To put it simply, survive first: don't hold positions stubbornly, turn off leverage if you can, and don't gamble away the time window for withdrawing or rebalancing your assets. Previously, managing the treasury in a DAO was worried about permissions flying everywhere; actually, personal accounts are the same—don't bind all operational permissions in one place, leave some redundancy and room for maneuver.

Recently, everyone has been talking about modularization and the DAO layer, and developers are excited as if "the future has arrived," while ordinary users are... hmm? Anyway, the more hype there is around the narrative, the easier it is to overlook the basics: is there someone to take over, is the depth sufficient, will slippage eat you up? When liquidity returns, then slowly talk about "picking up bargains," it's not embarrassing.