Just now I got the itch to chase after a position again, staring at the K-line feeling like I "have news"... But then I saw the open positions surge as prices rose, and the funding rate also started to drift, basically everyone is getting caught up. Now I would first ask myself: Did I find out something, or am I just afraid of missing out? Honestly, the fear of missing out is the easiest way to keep pushing the position bigger, then get jolted awake by a sudden reverse move.

Recently, many people have been testing the testnet for incentives and accumulating points, and in the group, everyone is guessing whether the mainnet will release tokens or not. I also get caught up in the rhythm, but when it comes to placing an order, I still look at whether there are genuine buy orders in the big trades. If not, then forget it. Even if I talk tough, I cut losses faster... Survive first, then review.