Investing is often not about 'the bigger the waves, the pricier the fish,' but rather 'fishing where there are fewer people and more fish.' When liquidity is clearly retreating, it's better to observe more and act less. A common mindset is either feeling like you haven't earned enough or haven't earned anything at all. During a market shift from good to bad, operations tend to become increasingly aggressive, which most likely leads to pullbacks and losses. Protect your principal, participate more in new offerings and wealth management, patiently wait for opportunities. Winning in simple mode or hell mode is still a win.