Recently, there aren't that many "on-chain metaphysics" when looking at the market; frankly, it's still the interest rate string pulling the risk appetite: when interest rates are high and liquidity is tight, I assume market sentiment is more fragile, positions naturally shrink, and I'd rather earn less than endure a drawdown; once expectations of interest rate cuts heat up, people get bolder, and I might add a little, but only the part I can cut losses on. Executing properly is more important than judging whether it's right.

These days, AI Agents and automated trading are being hyped up again; they are indeed convenient, but I'm more concerned about how they sign, what permissions they have, and whether they can be revoked with one click… The more "fully automated" they are, the easier it is to make people lazy, and in the end, if something goes wrong, you might not even know how you died. My biggest fear isn't losing money, but losing control—losing money can still be reviewed, but losing control means your positions and permissions are no longer in your hands. Anyway, let's start like this and take it slow.