I haven't opened many new positions this week, mainly monitoring whether the funding rates for BTC and ETH have returned to a healthier range. A few weeks ago, I took a position related to Layer 2 projects, made a small profit, and then exited. Now I'm more afraid of liquidity suddenly being pulled out, so I prefer to earn less rather than hold through a hard drop. Mentally, I think we shouldn't always see every pullback as "reverse gear to pick up people"; sometimes a pullback is the start of a trend turning bad. The key is to watch the volume and macro calendar. Next, I will also keep an eye on Federal Reserve statements and ETF net inflows, and adjust my position weights if there are any anomalies. Also, a reminder: always set stop-loss orders on contracts, don’t get carried away by the group’s emotions. Do you think the current market looks more like a consolidation top or a mid-term pause? Just sharing thoughts, not investment advice.