These days, I've been talking about interest rates again, basically it's about whether money outside is expensive or cheap, which determines whether everyone dares to tighten their positions. When interest rates are high, risk appetite is like being drained, and the "tides" of big traders on the chain slow down even more, entering and exiting are no longer urgent, mostly adjusting positions rather than rushing. I originally thought that with such extreme funding rates, a reversal was inevitable, but it seems more like sentiment has been squeezed to the side, the bubble hasn't burst but it also doesn't make you comfortable... Anyway, I’m not chasing the hype now, just treating my position as an oxygen tank, enough is enough, and if I really want to add, I’ll wait for the wave to turn back.

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