Lately, watching macro trends really affects my trading feel: when interest rates go up and money becomes more expensive, the market tends to become "impatient," and as risk appetite contracts, even someone like me who doesn't chase hot topics subconsciously wants to reduce positions, preferring to stay on the sidelines rather than hold on stubbornly. Conversely, when interest rate expectations loosen a bit, I dare to shift my position from "just surviving" to "able to make some profit." To put it simply, macro isn't about telling you what to buy; it's about telling you whether you should put yourself in the line of fire. Last night, I saw the funding rate swing to an extreme again, and the group was arguing whether to reverse or continue squeezing the bubble. My approach is still the same: don't guess the direction, first clear the leverage, cut positions in half, and keep some bullets for when emotions cool down. I'm not regretful about the outcome, but about every time I think "this time is different" and ignore risk management. For now, surviving is more important than anything else.