Lately, I've been monitoring interest rates more diligently than candlestick charts... When interest rates go up, everyone's risk appetite tightens like a squeezed faucet. I instinctively reduce my positions, preferring to slow down rather than risk a fall. Others think macroeconomics is far from the crypto world, but in reality, it's all about the breathing rhythm of your small positions.

On-chain activities are also quite interesting. Validator rewards, MEV, and fairness in ordering have all been criticized again, essentially a game of "who sees first, who queues first." When the market cools, these frictions become even more apparent. My current approach is very simple: do less, split trades into batches, keep some cash on hand. Anyway, I just need to get my emotions under control first.