I just looked at the funding rate and it’s starting to become extreme again, a bunch of people in the group are shouting about taking the other side, hearing it makes my hands itch. But honestly, extreme rates don’t mean an immediate reversal; it just tells you everyone’s sentiment is boiling over, and who blinks first is hard to say.

Right now, I’m more like holding a teacup, testing the temperature first. If I really want to participate, I only take a small sip, set a stop loss I can accept, otherwise a small poke can teach people to behave quite well. Most of the time I choose to hide, especially these days with staking unlocks and token unlock schedules being dug up every day, the selling pressure anxiety is like fog, easy to disrupt the rhythm. Don’t chase hot soup, first see if it’s hot or not. That’s all for now.