Recently, this liquidity has been really scarce, with orders so thin they look like paper, and any small breeze causes them to sweep back and forth. To be honest, at times like this, I don’t dare to talk much about “precise bottom-fishing.” It’s more realistic to focus on surviving first: tighten up your positions, avoid leverage, keep some cash (or the stable part) to sleep well.



Some people also use on-chain data tools’ labels to talk about things, and I can understand the skepticism… many labels are already lagging behind, and can even be manipulated to set the tone. Staring at them can make you more anxious the more you look. Anyway, I’d rather go slower now, do less, and wait for the water to come back before thinking about “picking up bargains.” That’s the plan for now.
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