The biggest feeling I've had while watching the market these days is: when liquidity dries up, all logic has to step aside. The group has started talking again about "interest rate cut expectations" and "how the US dollar index moves in tandem with risk assets," to be honest, I only watch these macro topics for fun. When it really hits my positions, there's only one thing left to say: survive first, then talk about bottom fishing.

My current approach is pretty cautious, I try not to leverage if I can avoid it, reduce my positions a bit, keep some bullets, and don't go all-in to catch falling knives. Those on-chain pools that seem to have decent depth, when faced with a run on funds, still get slippage and teach you a lesson... Anyway, I’ll just endure for now, and pick up the pieces slowly when things aren’t so harsh. No shame in that, even going with the flow a bit is fine.