The most obvious feeling from watching the market these past two days isn't the rise or fall, but "nobody." Orders are so thin that a little volume can break through the price, and slippage still comes to finish the job. I see Layer 2 comparing TPS, fees, and subsidies, all talk loudly, but on-chain liquidity is quite honest: it shrinks just to show you.

So I now have one principle: survive first, then talk about bottom fishing. When it really reaches exhaustion, the most expensive thing isn't the fee, but your impulsiveness. Keep your position smaller, avoid leverage, and if you want to buy, do it in several rounds—better to miss out than get liquidated by a single needle. Frankly, bottom fishing is a later story; first, make sure you can still place orders tomorrow.