Last night I paid my tuition again. I originally wanted to add a position on-chain, but I got anxious watching the market and executed a market order directly, with slippage much larger than I expected. When I looked back, I realized the order book was actually very thin, and a few trades pushed the price away... Basically, I placed my order too aggressively and didn't leave myself room to retreat.

Now the community is arguing whether the extreme funding rate means a reversal or if the bubble will keep inflating. I don't really want to guess either way. What's more realistic is: during times like this, liquidity becomes very emotional, and the more lively it gets, the easier it is to step into slippage traps.

It still comes down to habit, not talent: before placing an order, check the depth and recent trades. If possible, split the order; it's better to execute slowly than to get caught in a cycle of "buy high, sell low, regret." For now, that's it. After reviewing, I'll keep an eye on the protocol's revenue and fees—at least those won't fluctuate with my emotions.