Last night after working overtime, I checked the market, and the funding rate was once again ridiculously high, with green and red flickering on the screen, hurting my eyes. Half of the group was shouting, "Isn't this free money? Go take the other side," while the other half was discussing whether a certain mainstream public chain would have more issues before and after its upgrade, and whether ecosystem projects should migrate... Anyway, as a small trader, the moment I hear "maintenance/hard fork," I reflexively withdraw my authorization.

To put it simply, when the funding rate is extreme, I usually choose to "avoid volatility" rather than go all-in and be a hero. Of course, taking the other side is tempting, but you have to withstand those sharp rebounds or needle injections that feel like a pinprick. If your mindset isn't trained, it's easy to go from "earning fees" to "paying tuition." I usually reduce leverage, shrink my position, and if I really want to try, I only use a small amount of funds. The rest, I prefer to wait until the emotions cool down before acting—survive first, then there's a chance to slowly pick up the money.