Just now, I saw the funding rate spike to an absurd level again, and a bunch of people in the group were shouting "The money-printing game is here," and they even posted a few large on-chain transfers and moves of hot and cold wallets on exchanges, claiming that smart money is entering the market.

I find it a bit ridiculous… I also love looking at these charts, but honestly, there are many reasons for wallet movements, so don’t put all your emotions on “someone else’s judgment.”

My own approach is rather cautious: when the rate is extreme, it’s okay to take the other side of the trade, but the position must be small enough to not worry about a wipeout, and it’s best to clearly understand how many rounds of volatility I can withstand in the worst case;
Otherwise, just stay away and wait until the rate returns to a normal range.
Anyway, I’m more used to the mindset of “staying alive is the most important” when it comes to trading, don’t blow up your main position just for a few fee savings, or you’ll end up writing a post about “how I got educated”…
That’s it for now.