I found that unrealized losses really affect sleep more than unrealized gains, even if overall on paper I'm still making a profit. To put it simply, that loss feels like an "already occurred loss" to the brain, constantly ruminating: should I cut, will it keep falling, did I do something wrong; unrealized gains, on the other hand, are more like a "phantom that hasn't been pocketed yet," always at risk of disappearing, so I can't celebrate for too long.

These days, I also see people interpreting large on-chain transfers and hot/cold wallet movements on exchanges as "smart money coming/going." I admit I envy those who seem to be always one step ahead, but upon reflection, most of the time we're just looking for evidence to justify our anxiety. Anyway, my current approach is pretty simple: don't let your position keep you awake at night, and if you really can't sleep, reduce a bit. First, take your mind out of the K-line charts.