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When the funding rate hits an extreme, my first reaction isn't "go for it," but rather to see if my hands are itching first... Honestly, doing the opposite side at this point seems tempting, but it's also the easiest way to be used as liquidity feeding to others. Now the market suddenly swings away from people, and MEV is sneaking around laughing, I’d rather hide from the volatility for a couple of days and wait for the sentiment to cool down.
Later I thought it was pretty funny—typing on the keyboard loudly, but my courage is only so much.
Recently, developers have been talking excitedly about modularization and the DA layer, while users look confused. I think it’s quite similar to the funding rate: the narrative is hyped up, but the blockchain space and transaction fees are the punch that keeps people grounded in reality.
Anyway, my current approach is: if unsure, do less; if I really want to take the opposite side, use only a small position; being able to sleep well is the most important.