When the funding rate hits an extreme, I start to "wait"... wait for confirmation, wait for a pullback, wait until I think clearly. I used to be tempted to take the other side of the trade, but I realized the hardest part isn't the direction, it's enduring the waves of fluctuation that come back and forth like needles, and when my mindset gets shaky, everything deforms. To put it simply, I prefer to hide, reduce my position size, and rather earn less than be educated by the market.

Recently, a bunch of new L1/L2 projects are offering incentives to boost TVL, and old users complain about "mining, selling," which I can empathize with: the excitement is theirs, the volatility is ours. Anyway, I just treat it like a stone, waiting for the emotional tide to recede before deciding if it's worth stepping in.