When liquidity dries up, the first to die isn't the person who misjudged the market direction, but the one holding on stubbornly without reducing their position. Frankly, bottom-fishing isn't as urgent as it seems; first, focus on the most boring details like margin, slippage, and whether you can close your position. Survive first, then talk about "cheap" prices. I've been practicing this lately: halving my position, only leaving enough risk to sleep peacefully, preferring to earn less than to be a hero.

By the way, looking at social mining and fan tokens—those "attention equals mining" schemes—feels more like just putting liquidity in a different shell to keep squeezing... When it's lively, everyone acts as a market maker; when it cools down, attention supply also dries up. Anyway, my current standard is simple: can I exit in the worst liquidity conditions? If yes, then consider entering; if not, pretend I didn't see it.