The past couple of days, I've noticed that the funding rates are once again becoming outrageous, and a bunch of people in the group are shouting about going to take the other side. My current habit is: extreme rates = extreme emotions, so don't rush to "profit from the cheap." If you really want to take the other side, you should leave room for yourself like when posting margin; otherwise, even if the direction is correct, a needle prick can be enough to lift you off with the volatility.

Most of the time, I prefer to hide: reduce leverage, shrink positions, or simply avoid the main battlefield, and only look on-chain for obvious signs of liquidations or forced closures. Especially recently, before and after the upgrade and maintenance of that mainstream public chain, everyone is guessing whether the ecosystem will migrate, and when emotions run high, the rates are even more prone to twisting out of shape. Later, I thought it was quite funny—it's clearly a technical schedule, yet we turn it into a psychological game.

To put it simply, extreme rates are not an opportunity in themselves; they are a reminder that "someone is gambling for their life at the table." As a marginal DAO participant, I just hang in there, waiting until I understand the proposals before deciding which side to support.