Recently, the funding rates have been quite extreme again, and a bunch of people in the group are asking whether to take the other side of the trade. My own habit is pretty cautious: first see if I can withstand that kind of reverse fluctuation, if I can't, then don't force it; no matter how attractive the rate is, it’s just “looks like free money.” If I really take the other side, I’ll also reduce my position size and set proper stop-losses, preferring to earn less rather than get whipped out and liquidated in one shot.

And lately, meme and celebrity signals have started to rotate again, making newcomers easily driven by emotion to chase. When rates are extreme, it’s often because everyone is crowding to one side… veteran traders say not to take the last step not because they’re trying to act cool, but because they’ve seen this too many times. Anyway, most of the time I choose to avoid the volatility, calmly run the nodes, and relax with some cat videos, sleeping more peacefully.