The biggest feeling I’ve had while watching the market these days is this: interest rates are like a remote control—press one button and everyone’s “nerve” changes along with it. Put simply, when interest rates are high, I find myself—out of nowhere—wanting to dial back my positions a bit; don’t treat myself like the main character. When rates ease up, my risk appetite comes back, and my hand starts itching—seeing fun-looking meme images or art NFTs makes me want to go in, even though I know it might just be a bubble, I still bite…

Then someone else uses ETF fund flows and US stock sentiment as a “crypto rise-and-fall interpreter,” somehow managing to fit both bullish and bearish arguments into it. Honestly, it’s pretty funny. In any case, my current approach is pretty down-to-earth: if macro conditions are tight, don’t get too worked up—keep some cash. If sentiment is running hot, use only small positions to chase the jokes—don’t treat memes like a religion. That’s it for now—don’t get carried away.