Just now, someone again tried to explain the rise and fall of the crypto market by combining ETF capital flows and the risk appetite in the US stock market... Basically, once liquidity dries up, no matter how good the story is, it’s useless. When the order book is thin, it’s easy to be whipped around. At this point, I’d rather earn less than try to "bottom fish to prove myself." First, reduce your position to a level where you can sleep peacefully, keep some cash and bullets, and avoid high leverage. Surviving is truly more important than catching the bottom. When the water comes back, it’s not too late to pick your spots. That’s all for now.

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