Over the past two days, when you glance at the order book, it’s that kind of dead silence—like “nobody’s picking it up and nobody’s slamming it.” Liquidity has dried up completely, and the phrase “bottom fishing” even sounds like nothing more than self-comfort… My priorities are simple right now: survive first. Cut down my positions first—reduce perpetuals as much as I can. Use options as insurance (yeah, even if they’re expensive). I’d rather miss a bounce than get “poked through” and blown up by one needle-like move.

Those on-chain data tools and label systems have also been getting blasted lately for lagging behind or being able to mislead people. Honestly, I don’t dare put too much trust in them either—especially when the market flips. If I see a “smart money” label, I get the urge to impulsively follow along, but it often turns out they’re the ones who are last in line. Anyway, for now I’m only watching two things: can I exit smoothly, and is slippage starting to get out of hand? Tired, but I’m still here—so, for now, that’s it.