Over the past couple of days, U.S. Treasury yields have been swinging back and forth again, and my mindset is really easy to get swept along: once yields tick up, the whole market’s “dare to gamble” energy pulls back, and you can feel it on-chain too—people are more willing to hold stablecoins and stay put. Meanwhile, those who are working on airdrop tasks have gotten even more intense. After the anti-bot (anti-witch) upgrade, the points-based system makes it feel like clocking in for work… In short, risk appetite has fallen, and your time is forced to go toward earning points and seeking certainty.

As for me, I follow my exit plan. If yields move higher and volatility increases, I shift my positions a bit toward the direction of “staying alive longer”: reduce exposure per trade, keep enough firepower, and rather earn less than get blown up by a single needle-like spike. Once yields stabilize and everyone starts being willing to take risk again, I’ll slowly add back in. After all, whether it’s up or down follows the plan—so don’t let emotions get involved.