Last night, I contributed to another classic loss: I wanted to get in quickly, so I impulsively placed a market order, and as a result, the slippage left my face swollen. Clearly, the order book didn't look that scary, but once I actually went in, I realized the depth was as thin as a paper cup, and a few trades pushed the price away... My regret isn't the outcome, but the fact that I knew the market would be volatile, yet I still insisted on the "just rush in and see" order placement rhythm.

After reviewing, there are only two points: first, don't gamble your luck with yourself; split the order into several smaller ones and slowly place them, leaving yourself an exit button; second, when you see the funding rate suddenly heating up, your emotions tend to get the better of you, but you should instead pay attention to the flow of stablecoins—whether the money is coming in to buy or moving out.

Recently, there's been talk about certain regions tightening or loosening taxes and compliance measures, with deposit and withdrawal expectations constantly changing. Everyone's hands are tighter, and the order book is more fragile. I now prefer to miss out rather than get educated again by slippage. That's how it is for now.