That same feeling of liquidity getting yanked out of the order book has come back again—the thinness of my limit orders is basically like paper. I thought I could buy the dip, but I end up slipping into the gap even faster… I really don’t dare to play the hero anymore; I’ll focus on staying alive first.

I’m continuing that “octopus-tentacle” style of position dispersion—more small bites: spread it into small amounts. If I can avoid leverage, I will. I’ll also set aside some stablecoins as my oxygen tank.

As for the whole re-staking / shared security “yield stacking” setup that’s so loud right now—let’s be honest, it’s basically a doll-within-a-doll stack. It looks lively and exciting on-chain, but the moment there’s a run, nobody gets away.

There are tons of tutorials, but what I actually like are the ones that only focus on how to retreat and how to do risk control / authorization checks. At least that way, I can pay less “tuition”… The new protocol can still be tested, but only with one-time wallets—if I lose, I’ll just treat it as feeding the tentacles.