Last night at 2 a.m., I saw the funding rate spike to a level so outrageous I wanted to take a screenshot and share it in the group. My hand started to itch: should I stubbornly go against the market... But honestly, at times like this, you think you're trying to buy the dip or sell the top, but really you're just wrestling with emotions. In the end, I chickened out a bit, took a small position to test the waters, and the rest I just avoided the volatility to prevent a single spike from knocking me back to square one.

And recently, isn't everyone complaining again about miners/validators getting too fat, and MEV making the order flow not "fair" at all? During those extreme fee rate periods, I always felt like the order book was being pre-answered by someone, and retail traders rushing in seemed more like providing liquidity to others... Anyway, my current principle is: if you can make money, you should also be able to sleep; don’t fight the market before bed.