I only just realized recently that unrealized losses can really cause more insomnia than unrealized gains. When I’m up, it’s mostly “Ah, it’s fine.” But when I’m down, my mind automatically replays on a loop: Should I cut? Will it drop even lower? Did I misread the structure again? To put it plainly, it’s not about the money—it’s that I don’t want to admit I’m wrong, and I’m afraid that if I cut/trim, it’ll rebound and slap me in the face.

Actually, these days everyone has been watching the staking unlocks and the token-unlock calendar every day. Once that worry about selling pressure kicks in, that little bit of red in unrealized losses feels like it’s being magnified through a magnifying glass— the more I look, the more panicked I get. Anyway, I’ve got one routine right now: I’d rather stay in cash and watch the on-chain net inflow and trading volume gradually work their way into a better pattern, than use my sleep to stubbornly “tough out” volatility… I talk logic with my mouth, but keep observing with my hands—this fits me pretty well.