The biggest feeling I've had while watching the market these days is: when interest rates are not easing, risk appetite is like a valve being tightened. Any small wind or movement outside causes positions to shrink on their own. To put it simply, my current position increases are not based on who has the loudest voice, but whether on-chain funds are truly flowing back and whether the turnover is healthy. Otherwise, it's just emotional currents that can disappear in an instant.

By the way, I see there's again a debate about NFT royalties... I understand that creators want income, but secondary liquidity isn't created out of thin air. If trading stops, royalties become just "theoretical respect." I’m also too lazy to pick sides, so I’ll just watch how the data develops.

Today, I only added 30U as a test, and the rest will wait for a couple of days. Anyway, I’d rather miss a little than endure a hard fall when risk appetite shrinks. That’s all for now.