Someone asked me if during this liquidity crunch it's time to "bravely buy the dip"… I'll say something blunt first: survive first, then talk about buying the dip. The order book is thin, a big order hits and you just go all in, not setting a stop-loss is like leaving your position to luck. Anyway, I’d rather earn a little less now than get pierced by a needle.

Recently, there's been talk about certain regions increasing taxes, tightening or loosening regulations, right? Honestly, it affects everyone’s deposit and withdrawal expectations. When panic sets in, fewer people place orders, and slippage becomes even more exaggerated. My approach is pretty simple: reduce positions, do it in batches, use small leverage or even not trade at all, and turn off risks before sleeping. If you want to buy the dip, that’s fine, but don’t keep adding to your position until you can’t sleep. That’s all for now.