This market really feels hard to make sense of lately. Rate-cut expectations are hanging in the air, and the US dollar index rises and falls along with risk assets, making me hesitant to move my positions casually. Anyway, as a conservative investor, my positions are still backed by a three-layer defense baseline; the rest can be considered later if I feel like stirring things up.

I’ve been thinking about modularization for a while. To be honest, for end users, the impact isn’t that strong right now—you use whichever chain you should use, and you pay gas on whichever one you’re supposed to pay. But the underlying logic has changed. It’s like switching to a sturdier foundation when building a building: the building process doesn’t change, but afterward seasoning becomes more flexible, and one bad ingredient won’t ruin the whole pot of food. In short, in the future, application upgrades, cross-chain interactions, and security isolation may feel much smoother than they do now—provided the infrastructure first lays the groundwork and paves the way.

For now, I’ll just keep watching from the sidelines. I’ll adjust my positions once the real experience changes. That’s it for now.