Last night I was again kept awake by floating losses, even though during the day I was comforting others with "it's just on paper," but when it’s my turn, I can’t handle it. When I make paper gains, I only secretly feel happy, but I also cut myself some slack: don’t celebrate too early; but floating losses will keep ringing like noise, as if urging me to do something immediately, or it will get "worse." Basically, it’s the fear of losing, more painful than gaining.

Recently, funding rates are almost twisted into knots, and the group is arguing whether to reverse or continue squeezing the bubble. I see it more as emotions igniting each other: the more extreme, the easier to push people to impulsive buttons. NFTs are the same, with prices like an emotional thermometer—when they fall, it’s not just losing that small amount of money, but the sense of consensus breaking down, that emptiness.

What I don’t regret is: leaving some cash and sleep time for myself, so I don’t have to rely on toughing it out to prove anything. Let’s leave it at that for now, and see how tomorrow goes.