Feeling itchy to chase the rally, I will now pause for three seconds to check the fee rate and open interest: is new information entering the market, or are everyone’s emotions pushing the positions up at the same time... To put it simply, when emotions come, people are too lazy to even calculate the liquidation line. Others think I am "chasing the trend," but in reality, I am just wrestling with my own impulses. Recently, RWA and dollar bond yields have been compared to on-chain yield products, which makes me more cautious: no matter how good the returns look, once leverage is added and fees spike, the costs will eat you up on their own. For now, this is it; holding back from adding positions is also a form of operation.