The recent market feels like there’s “no liquidity” again, with order books so thin they’re like paper, and a slight push causes slippage to skyrocket. To be honest, at times like this, don’t rush to buy the dip; surviving is more important: don’t hold positions stubbornly, avoid using leverage if you can, keep some cash/stablecoins as oxygen, only have the strength when real opportunities come. Recently, I’ve also seen everyone comparing RWA, even U.S. Treasury yields, to various on-chain “yield products,” and my instinct is: the yields look similar, but liquidity and redemption speed are completely different… Anyway, my current strategy is just one sentence: better to miss out than be forced to sell in a dried-up market. That’s all for now.