These days, the funding rates have been a bit extreme again, and I instinctively want to put my hands in my pockets when the group gets excited... To be honest, when the rate skyrockets to an absurd level, what I really want to profit from is the "emotion tax," but if you really go against the market, you need to first think carefully about whether you're coming to catch a flying knife.

Many times I prefer to avoid volatility, wait until that hidden liquidity slowly reveals itself before acting, anyway missing a wave won't kill me.

I'm more like someone standing on the roadside watching the traffic flow, rather than rushing along with the honking horns.

By the way, the NFT royalty war also looks quite similar: everyone wants creators to earn more, but when secondary liquidity tightens, the ones who end up running first are still the traders... Off-chain arguments are fierce, but on-chain only look at trading volume and slippage.
Let's leave it at that for now, not going all-in today.