I now have a simple way to describe "holding spot positions is difficult, and contracts can get liquidated": don't take a position so large that every candlestick feels like a judgment on you. In plain terms, only hold positions you can sleep peacefully with; if you can't sleep, reduce your size and don't stubbornly hold on.

Recently, everyone has been interpreting ETF capital flows, US stock risk appetite, and crypto market rises and falls together. I see it too, but at most, I treat it as a thermometer of sentiment… When it comes to placing orders, stick to your own rhythm and divide your entries, don’t use a single clue to blow all your bullets. The same applies to large addresses—enter and exit in several stages, choose your routing, and whether funds flow into exchanges or not—this is more useful than clickbait headlines like "Whale makes a move again."

I’m willing to take a somewhat old-fashioned step for safety: before a large transfer, try a small amount first + use an address whitelist. Wait a couple of minutes; it’s always better than losing your mind over a wrong transfer. That’s all for now.