Watching the market is like putting a vinyl record on a turntable; when the funding rate tips heavily in one direction, you can hear that "too crowded" static in your ears. To put it simply, I usually don't rush to be the hero and take the other side; extreme rates ≠ an immediate reversal. More often, it's just the prelude to volatility knocking people off their positions... I’d rather reduce my position first, turn down the leverage a bit, and wait for it to cool off on its own. If I really go against the trend, I’ll just try with a small position—only if I can sleep peacefully does that mean my position is appropriate.

I’ve also grown tired of the blockchain game scene lately; as soon as inflation kicks in and a studio enters, the coin prices start spiraling downward, just like the sentiment and funding rates, all packed tightly. Anyway, my current principle is pretty simple: don’t get caught up, don’t go all-in, keep some bullets for the long run, and that’s it for now.