Recently, after this wave of liquidity dried up, I realized that the word "bottom fishing" is quite luxurious. The order book is as thin as paper, and entering or exiting costs slippage taxes, not to mention making a profit—it's better not to get stuck first. I now prefer to act less: break up my positions, keep some cash on hand, don't be too confident in placing orders, withdraw when possible, and focus on surviving before talking about picking up bargains. I understand the criticism that on-chain data tools and their tagging systems are lagging; frankly, they can only serve as rearview mirrors, used to verify sentiment, not to press buy or sell buttons for you. My biggest fear isn't losing money, but losing liquidity and still toughing it out, ending up with no chance to admit mistakes. That's all for now; when the water comes back, I'll tell the story.

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