These days, the macro side has been talking about the direction of interest rates again. To put it simply, when interest rates rise, everyone's risk appetite shrinks, and this is quite obvious on-chain: positions that were willing to gamble start to shrink, and orders become more timid. I personally had a moment of "not understanding it, so I won't move," when there was strange volatility before and after a meeting. I thought about saving on transaction fees to do a trade on another chain, but then I saw a bunch of transactions jumping the queue in the mempool, with MEV making the ordering like opening a blind box. Retail traders have a reason to complain... I immediately canceled the transaction, preferring to miss out rather than suffer slippage. Anyway, when macro conditions are uncertain, it's better to keep positions light, calculate costs more precisely, and stay calmer.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments