I just took a look at the interest rate data—it’s actually pretty interesting. When it comes to macro stuff, you might say it directly affects your positions, but it’s a bit indirect; it’ll slowly seep in over time. For example, if risk appetite tightens, everyone holds back, and liquidity gets worse—at that point, if you’re holding some niche coins, you’re more likely to end up in a passive situation. I usually just look at this to fine-tune my leverage—don’t be too greedy, and don’t be too afraid.

Lately, the rotation of attention has been moving too aggressively. Old players always tell newcomers not to grab the last baton, but honestly, who doesn’t want to take a shot? Sometimes I get itchy too—not because I’m greedy for that upside, but because I’m afraid of missing out on that kind of regret where you think, “I should’ve been in at the time.” It’s purely psychological—wanting to prove to myself that I can keep up with the pace. Pretty silly, really. Anyway, be steady—don’t let emotions place the order for you.