The most obvious thing in the recent market isn't whether it's falling or not, but that liquidity suddenly dried up... Watching pending orders looked pretty good, but when the trade actually executed, slippage taught me a lesson. Honestly, in this kind of situation, don't rush to buy the dip; first ensure you can get out, can add margin, and survive before thinking about anything else.

There was a time I didn't understand what was going on with the packing order on the chain, with a bunch of transactions in the same direction crowded together in the mempool. I was itching to follow along, but after watching for ten minutes, I realized something was off: the nonce kept jumping around, like someone was sweeping the floor in front. In the end, I thought: if you don't understand, don't move first. Close the transaction page and go drink water, and you might avoid a big hit.

Also, recently new L1/L2s are offering incentives to boost TVL, and old users complain about "mining, selling," which I can understand... Liquidity is already thin, and if another wave of collective withdrawals happens, there's really nothing left but air. Anyway, what I care more about now is: before placing an order, think clearly about how to withdraw, not how to win.