When the funding rate hits an extreme, my mind starts replaying the "rugged twice" BGM: Don't pretend, just stay alive. Playing against the market feels great, but honestly you're betting that "this wave will return to normal," not whether the direction is right. If it recovers slowly, it can wear people out. My usual choices are: either take a small position and lightly go against the trend, setting a very ugly stop-loss; or simply avoid the volatility, wait for the rate to cool down before acting, even if it means earning less. Recently, that main public chain is about to upgrade/maintain, and everyone in the group is guessing whether the ecosystem will migrate. I dare not hold firm anymore... When news suddenly shifts like this, with rates and volatility both spiking, forget it, I’ll just play it safe and hide.