Lately, I've been feeling a bit exhausted from watching the market closely... When macro interest rates rise, risk appetite seems to be turned off like a valve being twisted. Money first withdraws from "storytelling" positions and moves back to more solid places like cash and short-term bonds. The transmission in crypto is pretty straightforward: when liquidity tightens, things like bridges feel the migration slow down first, slippage increases, and on-chain activity cools off, making confirmations seem especially lengthy. To put it simply, my current positions are more conservative; I’d rather earn less than be forced to make decisions during congestion and emotional breakdowns.

And then, the airdrop season is still competitive, task platforms are acting like clocking in for work... It's funny and frustrating: on one hand, they complain "this is to prove I’m human," and on the other, they’re afraid of missing out. Anyway, I now prefer to spend more time reviewing audit reports and bridge risk controls, so I don’t end up earning points but losing everything in an accident—too stupid.