These days, as soon as liquidity is pulled out, the market looks like it’s made of paper, and everyone’s hands are trembling at the thought of bottom fishing. To be honest, survival comes first before talking about bottom fishing. My current minimalist rules are just two: don’t chase, don’t get overly leveraged, I’d rather miss out than get pierced by a single needle. Outside, people are trying to explain ETF fund flows, US stock risk appetite, and crypto market rises and falls as if they’re all connected, I used to like hearing that, but later I realized the more explanations, the more I want to add to my positions… Forget it, I won’t chase explanations anymore, I accept randomness. Keep positions small, hold more cash, and if I can execute, I’m already winning half the battle.