When liquidity dries up, the market is like a room suddenly losing power, everything becomes unclear. At this point, I don't really believe in the "buy and hold" strategy; honestly, it's about surviving first: keep your positions small, don't fight it hard, and sleep if you can (though I often can't sleep). Last night, I saw a few large transfers on the chain again, and whenever the exchange hot and cold wallets move, someone yells "smart money is coming," but I find it more anxiety-inducing to watch... The noise from these interpretations is just too loud. In the end, this is more about probability, not fate; all I can do is prevent myself from being knocked out by a single wave of volatility, and wait until liquidity returns to talk about "picking up bargains." That's all for now.