Hard truth: In a liquidation cascade, nobody cares about your “thesis.” You only need execution.

Seeing way too many posts rn trying to rationalize the drop. ""Is it Warsh?"" ""Is it the ETFs?"" ""Tech stocks?""

Tbh it doesn't matter.

When BTC wicks down to test $60k and SOL nukes 16% in a day, you aren't trading fundamentals anymore. You're trading a liquidation engine. The market is hunting leverage and the books are thin.

Learned this the hard way last cycle. I had the right ""thesis"" (bearish), but when I tried to hedge during a flash crash, the network was congested, main exchange UI lagged, and by the time my order filled, slippage ate the whole profit. I was right but still got rekt because I couldn't move.
Since then, my SOP for days like today is different. I don't look for news, I look for access.

1. Stop trying to catch the knife on-chain during peak congestion.
   If you tried swapping SOL yesterday at the lows, you probably failed 3 times or paid a massive prio fee. When the chain is melting, on-chain is a gamble.

2. Redundancy is the only ""safe"" asset.
   I never keep my whole stack on one venue anymore. Exchanges go down or lag when it gets volatile (saw that ""dirty tape"" yesterday). I keep a secondary account funded just for these moments. I use BYDFi as a backup (not a rec, just where I keep a spare clip) specifically so I can hedge immediately without waiting for a 45-min confirmation when the mempool is clogged.

3. Check Funding, Not Just Price.
   Before you revenge trade a long because ""it looks cheap,"" look at funding. It flipped deeply negative yesterday. That means the market is overcrowded with shorts paying longs. Usually a signal the flush is mechanical, not fundamental.
   If you survived the last 24h without panic selling the bottom, you won. Don't try to be a hero and make it back in one candle.