I haven't opened many new positions this week, mainly monitoring whether the funding rates for BTC and ETH have returned to a healthier range. A few weeks ago, I took a position related to Layer 2 projects, made a small profit, and then exited. Now I'm more afraid of liquidity suddenly being pulled out, so I prefer to earn less rather than hold through a hard drop. Mentally, I think we shouldn't always see every pullback as "reversing to pick up people"; sometimes a correction signals the start of a trend deterioration. The key factors are trading volume and macroeconomic calendar events. Next, I will also keep an eye on Federal Reserve statements and ETF net inflows, adjusting my position weights if there are any anomalies. Also, a reminder: always set stop-loss orders on contracts, and don't get carried away by group sentiment. Do you think we're currently more in a consolidation phase before a top or just taking a mid-term break? Just sharing thoughts, not investment advice.