These days, I've seen a bunch of people tying ETF capital flows, U.S. stock market risk appetite, and crypto market fluctuations together to interpret, and honestly, it's a bit exhausting to watch... To put it simply, I can ignore paper gains, but paper losses are a no-go. Even before the numbers are realized, my mind is already writing the worst-case scenarios, waking up in the middle of the night thinking "Should I cut my losses or not." Maybe it's loss aversion: the happiness from earning 10 dollars isn't as strong as the discomfort from losing 10 dollars.

Now I actually prefer to focus on some slowly changing things on the chain, at least the logic is clearer. The biggest fear in trading isn't slowness, but chaos—once the rhythm gets disrupted, it's easy to add positions or cut losses recklessly, and in the end, it's not just losing money but also making myself unable to sleep. For now, that's it, continuing to stay low-key.