These past few days, I've been a bit bored watching the markets, but I've been paying close attention to the sentiment around interest rates and the dollar. Honestly, when interest rates are high, people prefer to hold onto assets that can generate some returns without much risk, so risk appetite decreases, and my own positions tend to lighten unconsciously—I’d rather earn a little less and sleep peacefully.

Later, I realized that the market isn't actually driven by some positive or negative news, but more like a collective mindset of "dare to gamble" shifting gears; you see now that Layer 2 is still arguing over TPS, fees, and subsidies, which is quite lively, but when the macro environment tightens, even generous subsidies are unlikely to pull people out of their wait-and-see attitude. Anyway, I stick to the simplest approach: add when sentiment loosens, reduce when it tightens, admit mistakes if I make them, and just go with that for now.