These past few days, I couldn't help but laugh at myself: whenever spot prices rise, I want to cash out; when there's a real correction, I don't dare to buy in again; futures are even more ridiculous, clearly saying only a little leverage, but I slip and add more leverage, and in the end, it's not a stop loss but a "liquidation warning" that wakes me up... Honestly, position management boils down to one simple rule: first, think about whether you can sleep well in the worst-case scenario; if yes, go ahead, if not, reduce. Recently, everyone has been comparing RWA and US Treasury yields to various on-chain "returns," I've been looking too, but the more I look, the more I feel that no matter how attractive the returns are, you have to survive first—don't treat your positions as faith. I'm tired but still here, taking it slow, anyway the market isn't in a hurry to give me a diploma.