Previously, when liquidity was pulled out, my first reaction was "Is the opportunity here?" I was itching to buy the dip; now I tend to ask myself first: Can I survive until the next round? Honestly, when liquidity dries up, prices are not "cheap," they are "nobody's willing to buy."

These days, comparing Layer 2 solutions in terms of TPS, fees, and ecosystem subsidies has been quite lively, but when the market has no liquidity, even the most impressive data can easily become self-indulgent. My approach is quite simple: reduce positions, buy in batches, keep some cash (both on-chain and off-chain), avoid leverage if possible, and cut out potential pitfalls first. Only when the water truly returns will I consider "buying the dip." Anyway, for now, this is how I proceed—survive first, then look for the next opportunity.