Recently, the biggest fear in this market isn't a drop, but a sudden liquidity freeze: the order book is as thin as paper, and just one withdrawal causes slippage, making it impossible to escape. So my current priority is simple: stay alive first, then talk about bottom fishing. I’d rather keep my position small to avoid boredom, reserve cash/stablecoins, and execute stop-losses as planned—don't comfort myself with "it will come back after waiting."

On-chain activity has also been quite obvious these days. I checked a certain pool (similar to 0x7b…a3), and the TVL dropped significantly within a minute, with swaps directly deducting several tiers, indicating everyone is withdrawing liquidity to preserve their lives.

There are also a bunch of people testing incentives on testnets, gambling on points, guessing whether the mainnet will issue tokens… I want some too, but honestly, the uncertainty is too high. Don’t treat “possible airdrops” as guaranteed income to increase your position. There are only two things to do: control your investment costs and don’t get carried away; if they actually issue tokens, it’s a surprise, and if not, it won’t cause serious harm. Anyway, that’s how it is for now.