Lately, I've been paying more attention to stablecoins than to candlestick charts, after all, as someone who picks up scraps, I prefer to convert airdrops into them first to avoid losing gains from a sudden spike in the middle of the night. Honestly, regarding de-pegging, no matter how "transparent" the on-chain reserves look, it's still a psychological game when a run happens: everyone believes there's nothing wrong until there is, and once suspicion starts, even a dollar's worth of assets can be driven down to 90 cents. During that extreme funding rate wave recently, the group was arguing whether to reverse or keep squeezing the bubble. I watched silently while splitting a few small positions into different places, even if it's more trouble. Later, I thought it was pretty funny—my small change is also trying to "diversify risk" like others, but at least I sleep better.