Today I saw the funding rate spike to an absurd level again, and honestly I felt "amused and angry"—amused because everyone is rushing to the same side, angry because even though I know volatility will teach a lesson, I still stubbornly argue. To put it simply, I now prefer to "hide," first shrinking my position so a single needle doesn't pop the balloon; if I really want to take the other side, I don't act heroically, I wait until the market sentiment overheats and the flow of on-chain stablecoins starts to turn, then use very small tentative orders to catch the move. By the way, seeing the community arguing over privacy coins/mixing coins compliance is the same kind of tearing: one side shouting for freedom, the other afraid of a wipeout... Anyway, I’d rather earn less than risk drawing my risk boundary in thin air. That’s all for now.