Lately, I’ve started watching interest rates again. Basically, they quietly set the price for the “are we going for it or not” decision: when rates are high, keeping money parked can still earn some interest, so people aren’t as急 to chase after high-volatility assets. Once expectations turn more relaxed, risk appetite feels like a dam opening—first big, mainstream names like BTC/Bitcoin catch a breather, then it moves on to altcoins, and finally to even wilder corners. I used to think this was some kind of complex model, but I later realized it’s really just like human nature: when things feel comfortable, people dare to gamble; when they don’t, they want to survive first.

Recently, memes and celebrity “buy/sell calls” have been getting loud again, so I remind myself even more not to let attention carry me away. The louder the hot searches, the more it feels like they’re urging people to sprint in and take the last spot on the relay. Over here, I’ll still stick to rebalancing: if it goes up, trim a bit; if it drops, add a bit. Anyway, I won’t chase my emotions into adding more. For now, that’s it.