Lately, that feeling of "no one is taking" in the market has returned. Liquidity dries up, and while bottom-fishing sounds cool, in reality, it's just whoever can't hold on first gets eliminated. My habit is to first reduce my position to a level where I can sleep peacefully, keep my orders not too close, and hold some cash as oxygen; on-chain, don’t just look at the price, first check trading volume, net capital inflow, liquidation, and the movement of stablecoins on exchanges. If the signals are off, don’t force it.

Recently, the incentive and points system for testnets has been discussed extensively again. I don’t know if the mainnet will issue tokens… but once the expectation of points is repeatedly overdrawn, the easiest scenario is "draining before launch." Anyway, survive first, and wait for the second chance to come into view on its own.