Taking a break to share some market thoughts On-chain, short cycles are already showing changes. From the movement of short cycles, it's evolved from asset splits to chain splits. If new narratives are injected, liquidity will scatter and enter a recession phase. From the law of large numbers, the 80/20 rule is bound to converge. This convergence: - Big players see major profit pullbacks - Seasoned investors find their strategies unexpectedly failing - Newbies lose money without understanding why Every bit of liquidity exiting tightens this convergence further. Yesterday, I opened a position in $AVGO. Too much going on, so I didn’t have time to explain my reasoning. I can only share my feeling: $AVGO gives me a sense of relief. Finally, I don’t have to stare at the screen or rush to keep up. It feels like a simple and clear investment. Starting tonight, whether it’s one rate hike or four, this is the moment that will decide the fate of many. For me, having enough cash on hand is the safety valve.