Just when the funding rate spikes to ridiculous levels again, there are a bunch of people in the group shouting "This time we must take the other side," and I actually feel a bit timid... To be honest, when the rate is extreme, the direction might be correct, but the volatility can also shake people off. I usually don't like to fight hard unless my position is very small and I’ve thought through the stop-loss clearly, otherwise I’d rather hide for a bit and wait for the emotions to settle before slowly picking up opportunities. Recently, the main chain upgrade/maintenance has also been quite stressful for the mindset, everyone is guessing whether the ecosystem will migrate, and when funds are tight, it’s easier to go to extremes. Anyway, I care more about staying alive now, earning a little less is okay, just don’t let the rates and leverage turn me into fuel.

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