These past few days, looking at the options market, I have some thoughts: Buyers are actually racing against time; if they don't get the direction right, the time value will "deduct wages" from them every day; sellers are more like collecting rent, slowly draining the other side as long as the market stays calm, but once a big wave hits, they might be hit back and doubt their life. Recently, the funding rates are extreme again, and in the group, people are arguing whether to reverse or continue squeezing the bubble; I actually care more about when the "consensus is too uniform," who is actually losing patience as time goes on. My partner also complained about me: You keep saying to open the umbrella first, why not just stay home... I want that too, but the market rain starts suddenly, so I’d rather survive first.

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