What hellish market are we experiencing? US stock market falls, Japanese stock circuit breakers, gold prices plummet, giant whales remain flat—— We are facing macroeconomic downturns and a dual liquidity crisis, with global funds fleeing risky assets. The market is filled with bearish sentiment: My feeling is that we are not far from the cyclical bottom, and the technical bottoming out may have been completed. Next, the main focus will be on oscillation, and we need to lay the groundwork emotionally, I personally will buy a portion of the positions worth around 100000 and sell them in batches between 75000 and 77000, My overall advice to myself is: 1) Stay calm and avoid making emotional decisions, 2) Do not panic and increase your holdings in extreme market conditions. It is more important to observe calmly and wait patiently, 3) Observe the data of stock market and on chain liquidation to determine whether the market has stopped bleeding, 4) Maintain liquidity and reserve 20-30% of stablecoins or fiat currencies to cope with extreme situations.