Lately, I've really been feeling like I'm being led by macro trends... When interest rates go up, everyone says they're not afraid, but they still shrink their positions first; on-chain liquidity visibly thins out. As someone who watches K-lines at night, I get even more cautious: I don't dare to hold heavy positions, at most small positions to test the waters, with stop-losses set closer so a single needle won't pierce straight through.

A colleague also complained, "Aren't you guys in the crypto world 24/7? How come you're still watching the Fed's moves?" I chuckled and said, honestly, risk appetite is retreating; any high-volatility small cap is taking a hit first. If you want to FOMO, you first need to see if anyone's willing to buy. Meanwhile, looking at the chain gaming side, with inflation + studio chaos, the coin price spiral is a textbook-level crash point... Anyway, I now check how deep the pool is before placing an order, so I don't impulsively jump in and get myself caught again.