Recently, the funding rate has been extremely volatile, and in the group chat, people are starting to shout "counterparty arrangement." I would instead pause first: I take simplicity as a trap. To put it plainly, extreme rates do not mean an immediate reversal; sometimes it's just everyone being pushed to one side by the same emotion, rushing in as heroes, and easily getting whipped back and forth.

I generally have two options: either take a small position to test the counterparty, but with a stop loss, and accept losses; or simply avoid the volatility and wait until the rate and sentiment cool down. Especially now, with airdrop season making it like clocking in at work, the anti-witch platform is tightening more and more, many people are both stacking points and watching the market, their mentality is already tense... In such times, I’d rather earn a little less than be reflected as impatient by the market mirror. That’s all for now.