My biggest realization lately is a simple piece of advice: don't use "looking in the right direction" to counter "having too large a position."

Holding spot positions that you can't keep often isn't because you don't believe in the project, but because you're watching it as a short-term trade, fearing a pullback after a small rise;
Futures liquidation is even simpler, leverage amplifies volatility to the point where your mindset first blows up.
To put it plainly, position management is about allowing yourself to avoid stupid actions when the needle is the most uncomfortable—first limit your single-loss amount, better to earn less than to go all-in trying to turn things around.
Recently, I've been discussing the correlation between rate cut expectations, the US dollar index, and risk assets going crazy together…
In times like these, don't pretend you can predict macro turning points.
I just cut my positions to a level where I can sleep peacefully, leave the rest to time, stay Zen, and that's it for now.