When the funding rate hits an extreme, my first reaction isn't "should I take the other side," but rather to assess how exposed I am on this position... Frankly, if the rate reaches that level, emotions are probably also at an extreme. Doing the opposite side is definitely satisfying, but it's easier to get swept up and confused. Most of the time, I choose to avoid the volatility: reduce my position, wait for the leverage to wash out on its own, and prefer to earn less than to hold on stubbornly.

Recently, people keep bringing up staking unlocks and token unlock schedules. The anxiety over selling pressure can be contagious; there's just too much information, and it makes my head hurt. My current filtering method is pretty crude: I only focus on two things—whether the rate is continuously extreme and whether open interest is soaring together. Other discussions like "unlock today, dump tomorrow" are just noise. Anyway, I’ve set my stop-loss levels; if the price doesn’t hit my target, I don’t act.