When the funding rate hits an extreme, the group starts shouting "fight the opposite side," but I usually let the tea cool down first... To be honest, at this point, the odds may not be in your favor; it's more about betting on who gets their emotions to flip the table first. Whether I can take the other side depends on two things: whether I can withstand a sudden rebound and heavy hit, and whether I have protective tools (limit orders/gradual entries/not going in naked with large orders). What I more often do is hide first: lower leverage to nearly zero, reduce my position, and wait for that second acceleration when "everyone thinks it's safe" before considering going against it. The turning point is that sometimes, even with extreme rates, on-chain front-running/sandwich attacks also get jittery, resulting in large slippage— even if the direction is correct, you get eaten up. It's better not to make a profit than to turn it into a battle report. Recently, during the airdrop season, the platform's anti-witchcraft tasks have become like clocking in for work, making emotions easier to ignite... Anyway, my principle here is: if I don't understand it, I don't gamble; if I want to gamble, I first think through the exit strategy.