The funding rates have been extremely volatile these past few days, and the group is buzzing: is it a reversal or just more bubble squeezing? I used to be quite stubborn too, always saying "I only look at on-chain data," but I later realized that's not enough... Some projects look lively on-chain data, but their code/permissions are a mess.

For beginners trying to judge "credibility," I now use a simple three-step approach: Is there continuous updates on GitHub (not just a one-night push of commits), are audit reports clear about issues and fixes, and are upgrade permissions multi-signature + delayed (at least not changed by one person on a whim). Honestly, I prefer slower gains rather than giving a single key too much power, not knowing when the roots might rot. That's it for now, take your time to pick.