These days, I've noticed the funding rates are becoming quite extreme again. To be honest, I used to get tempted to take the other side of the trade, thinking "the market is too crowded, it will eventually turn back." It wasn't until I hit a pitfall that I realized that extreme funding rates don't mean an immediate reversal; more often, it's emotions tightening the screws, and they can keep tightening until you can't take it anymore.

Now my approach is a bit more cautious: either try with a small position to test the waters, and if I can withstand the volatility, I hold on; if I can't, I simply stay away and wait for the funding rate to cool down. Especially when Layer 2 projects are arguing loudly over TPS, fees, and subsidies, the more noise there is, the easier it is to get caught up in the "must participate" rhythm... Anyway, I prefer to earn a little less than to pay tuition for a moment of impulsiveness. That's it for now.