When liquidity dries up, many "bottom-fishing strategies" tend to distort. Honestly, it's more important to stay at the table first.

Right now, I would first see if I can withdraw, how much I can withdraw, and whether I will get stuck (bridge/redeem time/slippage, etc.).
It's better to keep the position smaller and sleep well.
There was a time I held on stubbornly, and when I wanted to exit, there weren't even decent counterparties, which was really awkward.

Recently, there are a bunch of testnet incentives and point-earning activities; everyone is guessing whether the mainnet will issue tokens...
I understand that kind of anticipation, but the more such times, the easier it is to mistake "possible airdrops" for "guaranteed returns," and push the risk boundaries further and further.
Anyway, I now prefer to miss out on a bit rather than be forced into long-term holding (passively) due to liquidity gaps.
It's a bit annoying, but it also reminds me: surviving is more of a skill than blindly holding on.