The funding rates have once again reached those extreme levels that make your stomach turn in the past couple of days. I used to get itchy to take the other side of the trade, wanting to earn those small fees. Honestly, it’s a real test of mental strength: you’re not betting on the direction, but on whether you can withstand the fluctuations and sudden spikes. Now I prefer to hide away more often, hold no position or small positions—it's not shameful. When the tide goes out, just pick up shells.

By the way, hardware wallets are sold out, and there are a bunch of phishing links flying everywhere. The more emotional the market, the easier it is to make mistakes. My principle remains the same: I treat complexity as the enemy, keep things simple when possible; revoke authorizations when needed, record everything clearly, and focus on surviving first.