Recently, I saw someone treat AMM liquidity provision as a savings account, basically just chasing those transaction fees, thinking they can earn passively. But curve's mechanism naturally pushes you in both directions: when the price moves, your position automatically deforms, and impermanent loss isn't some mysticism—it's built into the system. Waiting a bit before acting can be much better, at least to confirm the direction and rhythm of the volatility; otherwise, you might not earn many fees, and your asset ratio could be reshaped by the market first.

These days, there's still talk about rate cut expectations, the dollar index, and risk assets starting to move together in the same up-and-down pattern... I personally don't like chasing this noise. When macro sentiment twists, volatility spikes. Market-making may look "stable," but it's actually more prone to wear and tear. My approach is still small positions, choosing pools with less crazy volatility. If I can't make a profit, so be it—just keep a calm mindset.