Recently, about interest rates—honestly, it’s like the weather turning cooler. Even if you like wearing short sleeves, you still have to add a jacket. Once risk appetite tightens up, it’s hard for positions not to shrink with it. Originally, I was willing to hold more niche pixel NFTs, but now I’m more inclined to keep a bit of cash and go a bit more mainstream—so I can sleep more easily.

I’m also watching those on-chain data tools, but sometimes the tagging system is really quite “behind the times,” and it’s not weird at all if it gets led around and taken along for the ride… Just like when you look at the deal records on a second-hand platform—you might find things that were only added last night, and it’s also possible that someone is just placing a few fake orders. In any case, I now believe this more: when the macro tightens, cut a little first. Don’t rush to add back—pick it up slowly, and stay more laid-back.