Recently, I was once again educated by the two characters "interest rate"… Basically, it means money is getting more expensive, and everyone's risk appetite shrinks back. My impulsive cat's position also becomes more cautious: when interest rates rise, I reduce my "imagination position," keep some bullets, to avoid waking up in the middle of the night to a pinprick.

Conversely, once I feel the market starts to "dare to gamble," I tend to get itchy to chase new narratives. I say I’ll buy in batches, but in reality, I still want to go all in… It’s an old habit anyway.

By the way, a quick rant: recently, retail investors have been criticizing miners/validators for eating up too much and MEV causing unfair ordering. In times like these, I dare not heavily bet on short-term trades anymore, feeling like I’m just reciting lines in someone else’s script. For now, living is the most important.