Ugh, once the liquidity gets sucked dry, no matter how nice-sounding the talk is, it doesn’t matter. Over these days I’ve been watching the order book—the buy and sell sides are so thin they look like they’re made of paper; one small wave of orders can smash the price through. A few friends on Gate are still asking whether this is a dip-buying opportunity. I told them to first figure out whether your current position can survive tomorrow. Retail traders are cursing MEV for sprinting ahead and saying the sorting is unfair. Honestly, that stuff is disgusting—but with liquidity gone, who cares whether it’s fair or not? You should be able to withdraw funds first, then we’ll talk.

I’m more like an ER nurse than an analyst—I don’t care how pretty your bull market blueprint looks. I only care whether you still have a pulse right now. Not to say anything else: make it through alive, and only those who live have the right to talk about buying the dip.