The market has been dead these days, with order books so thin they look like paper, really giving off the feeling of "You think you're bottoming out, but you're actually catching flying knives." The group is again circulating rumors about stablecoin regulation, reserve audits, and various de-pegging speculations. After seeing so much, it's easy for the mentality to be misled. Honestly, when liquidity dries up, prices are not discovering value; they are searching for an emotional outlet.

I'm actually more cautious now: reducing positions, preferring to earn less than getting pierced by a needle. Small arbitrage margins are okay, but once you start fantasizing "This time it will definitely rebound," it's basically the prelude to emotional trading. First, survive. If you can wait for liquidity to return before talking about bottoming out, it's not shameful.