Recently, the funding rate has been extremely volatile, and I automatically enter "should I be the bad guy taking the other side" mode. Honestly, taking the other side is quite tempting, like picking up money, but I also know that kind of market loves to feed you first and then swallow you whole... I thought I was already disciplined enough, but I still got itchy and opened a small position, watching the candlestick chart as if it were a countdown to a DAO vote, heartbeat racing.

Later, I thought about it, and if I had to choose, I would prefer to avoid the volatility: outrageous funding rates = emotional turbulence, emotional turbulence = the kind of "urgent authorization" in proposals, and the loudest disputes often lead to traps. Just like the recent wave of NFT royalties, everyone is arguing over whether creator income or secondary liquidity is more just, and in the end, trading hasn't been very smooth... Anyway, I now prefer to do less, wait until the rates return to normal before acting, and don’t see myself as liquidity.