On-chain Status

Friends who have been in this market long enough should have clearly felt that liquidity is continuously drying up.

With the ongoing fluctuations in the secondary market, the on-chain ecological environment can almost be said to have entered a 'purgatory mode'.

At this time, the most important strategy is not to rush but to protect. Preserving the principal is the first priority for survival.

If your own ability is not yet sufficient to cope with such volatility, I sincerely suggest that everyone first look for a stable cash flow. Without additional backup energy, it is difficult to maintain a good mindset in such a market, and even harder to persist until the next cycle.

Remember, being repeatedly 'beaten' by the market does not necessarily indicate a problem with your operations, but rather reflects the pathological state of the market itself.

Therefore, what you should do now is to exercise and refine yourself, polishing your state to its best. This way, when the real bull market on-chain returns, you can greet it with a complete posture.