Lately, I've been paying more attention to macro news than to K-line charts... When interest rates go up, risk appetite seems to be drained away. To put it simply, the market isn't looking at the stories you tell; it's looking at whether people are willing to take risks with their money. I'm quite cautious myself; when interest rates are high, my positions automatically shrink. I'd rather earn less than wake up in the middle of the night to news of a margin call.

And when a certain region raises taxes or the compliance outlook shifts, the expectations for deposits and withdrawals immediately tighten. The sentiment in the group visibly becomes more "conservative," and I instinctively want to cut my positions again. Yesterday, I even briefly considered just quitting and uninstalling the trading app... But I thought, impulsively uninstalling won't solve the problem. First, I’ll double-check the withdrawal whitelist, revoke permissions, and confirm the hardware wallet. Don’t act too hastily—just leave it at that for now.