These days, the market feels like "looking at the price but with no volume," and that feeling has returned. To put it plainly, once liquidity dries up, it's about surviving first and talking about bottoming out later. I'm now more concerned about whether I have enough room to maneuver: don't fully allocate your positions, avoid leverage, and withdraw any authorized funds that can be pulled back—don't wait until something really happens to realize it.

Some people rely on on-chain data tools or tags as their Bible, but recently they've been criticized for being laggy or even misleading... I just treat them as references, not as evidence. If I really want to enter the market, I prefer to do it slowly, waiting for more verifiable signals. Losing a bit of opportunity cost is better than losing the principal. That's all for now.