These days, I've noticed the funding rate being pushed to quite extreme levels again, and a bunch of people in the group are asking whether to take the other side. To be honest, I usually first consider whether I can handle the volatility: if the market sentiment has already been driven by emotions, I won't push hard; I prefer to reduce my position and wait until the rate normalizes. If I do take the other side, it's not about having the confidence to "catch the top or bottom" perfectly—it's more about small positions, testing slowly, and keeping an escape route ready.

Recently, the staking unlocks and token unlock calendar have been repeatedly brought up, and the selling pressure anxiety feels quite real. But I also don't want to attribute everything to a single date... Liquidity can sometimes be more frightening than unlocks.

What I don't regret is: I’d rather earn a little less than follow the hype and increase leverage when the rates are at their craziest. Anyway, the longer I stay alive, the more opportunities will come.