The moment the Federal Reserve kept rates steady, I felt something was off: money got more expensive, so funds naturally leave high-risk setups faster. Don’t keep staring at the K-line—interest rates are the water faucet. Tighten them one notch and the market shrinks along by a similar amount. Anyway, my positioning is very conservative now. I’ve already cooled down the urge to chase Memes; I only dare to do some defensive hedging around the core positions.

Someone will ask: so are you afraid now?
Honestly, it’s not like I’m not. But after watching so many liquidation routes and on-chain battles, I increasingly feel that protection matters more than upside.

When those big unlock news stories come out near the end of the month, the group chat blows up again—worries about selling pressure, all of it. In fact, anxiety itself is scarier than selling pressure. Once emotion spreads, retail runs first, and then the big whales slowly come in. For now, I’m saving on Gas fees to watch on-chain actions—don’t wait until everyone else has already run, and I’m still just standing there looking dumb.