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These past couple of days, the order book has been so thin it’s a bit scary. The standing orders look pretty lively, but if you actually try to fill, it’s like stepping into empty space. When liquidity dries up, I basically don’t chase a bottom. I first confirm my margin, stop-loss, and withdrawal channels—once I can make it through, we’ll talk. Missing out is better than getting liquidated anyway.
Should I pick up a bargain?
First ask yourself if you can handle it—if you can’t, don’t.
Recently, someone has again grouped RWA, US Treasury yield rates, and those on-chain “yields” together for comparison. I’ll look too, but what I care more about is the payout path and who runs first during a bank run… So don’t get carried away over the weekend either. Any malfunction in any link of the bridge/oracle/liquidation chain is enough to cause trouble. That’s it for now.