Lately, it feels like that macro “string” is still tugging the crypto market along: when rates tighten, everyone’s risk appetite contracts, and even if things are lively on-chain, it easily turns into “let’s withdraw first and talk later.” My own approach is kind of old-school: first, see whether cash is becoming more valuable; if it is, then shrink my position size a bit, and only keep the liquidity I can understand—then wait for sentiment to smash down before looking for opportunities for an oversold rebound.

By the way, Layer 2 has been getting talked about a lot lately—compared by TPS, by fees, by subsidies. Honestly, it’s pretty similar to when risk appetite comes back: that’s when people are willing to tell stories. When preferences cool off, subsidies disappear and everyone gets quiet… Anyway, I’ll stick to the plan first—if I make money, I’ll treat myself to coffee; if I lose, I won’t stubbornly hold on.