The liquidity situation recently is really kind of scary. The number of times I refresh the lending dashboard every day is almost on par with checking my temperature. That interest-rate curve is so steep—it feels like a liquidation waterfall could come at any moment. I saw on-chain large transfers being interpreted by various big players as “smart money,” but I’m not going to follow along—I’ve already been burned and it left me too afraid. I’ll stay alive first. Bottom-fishing? I’ll consider it once I’ve locked up all the risk exposure in my positions. For now, I’m just hunkering down—just don’t let me get liquidated.