Today I was watching the market so intently that my phone almost ran out of battery, and when I finally unpacked my bag, I realized I forgot my charger. It suddenly feels very much like the market: no liquidity, no life-supporting tools in hand, and no matter how much I want to "buy the dip," I can only stare blankly. Honestly, at such times, it's best to tighten up leverage, even small multiples seem too much, take profits when you can, and saving bullets is more important than saving face. Recently, NFT royalties have been a hot topic; I understand creators wanting to earn more, but the secondary market is already cold, and with higher fees stacking up, order books are thinner, making it even more difficult to exit when needed. Anyway, I have only one rule now: survive first, wait until the market depth improves, and then talk about dreams—don't see yourself as a savior.

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