These days, I read more macro news than I do candlestick charts… When interest rates go up, money tends to seek "certainty" more; when risk appetite drops, my positions automatically become very boring: more stablecoin pools, fewer blue-chip trades, preferring to earn less than get caught off guard by a wave of retracement. To put it simply, interest rates are an emotional gate; when the gate is closed, no matter how lively the on-chain activity, I will hold back first.

And when the news of tax hikes or tighter compliance in a certain region comes out, the expectations for deposits and withdrawals become awkward; everyone says they’re not afraid, but they’re all reducing leverage… I do the same, withdrawing some liquidity that I can, and waiting until the sentiment passes before acting.

To prevent impulsive trading, I have one simple trick: if I want to add to my position, I first wash the cups or take a walk; if I still want to buy after coming back, I only place one-third of the original plan, and decide on the rest tomorrow. Anyway, the market is there every day, I won’t miss this one.