These days, the funding rate has been a bit exaggerated again, and the group is buzzing: is it about to reverse or continue to squeeze the bubble? To be honest, I’m more of a collateralized position, and when I see such extreme values, my first reaction isn’t to “rush in,” but to turn off the leverage zone first... When volatility is too high, it’s also hard to take the opposing side, and missing the right entry point is enough to get burned.

I usually have two options: either take a small position to act as the “atmosphere crew” on the other side, with a stop-loss set to a fixed point; or just hide away, keep holding those simple, stable yields, and avoid too much fuss. Anyway, I just want to sleep well.

My colleague also asked me today if I plan to go short or long, and I told him: I don’t know either, just survive first.