Recently, I've seen everyone arguing again about "the rate cut expectations are here, should we go all-in," and I can only say... When interest rates influence crypto positions, the most direct effect is on risk appetite going up or down. When emotions loosen, people dare to chase; when emotions tighten, they want to run. Honestly, it’s related to your wallet’s capacity to bear risk, not how loudly someone shouts. Also, the chart where the US dollar index rises and falls with risk assets together can easily confuse people: you think you're looking at macro, but you're actually being educated by volatility.

My current approach is very simple: when macro is uncertain, reduce leverage; layer your positions. I’d rather miss out on some opportunities than get pierced by a single needle. By the way, during times like these when everyone thinks "the big move is coming," phishing links also increase: things like "macro strategy groups" and "airdrop subsidies," don’t click, don’t sign. There are many tutorials, but I prefer those that teach you how to identify fake domain names or fake signature pop-ups. Losing your keys once less is more reassuring than making a quick profit.