Last night the rain was a bit heavy, and as I kept trading, I saw the funding rate swing to extremes again.


In my mind, there are only two options: either go against the market and take that little "emotion tax," or just stay away and not touch it at all.
Honestly, I now lean more towards the latter... I’ve also tried being aggressive before, but when volatility hits, it washes people out completely, and no matter how attractive the funding rate is, it’s not enough to make me want to hold it.
If I really had to be the counterparty, I’d only dare to hold small positions and trade slowly, leaving myself an exit route; otherwise, my mindset would collapse faster than the K-line.

Recently, there’s been talk about some region increasing taxes and tightening regulations, then loosening again, so the expectations for deposits and withdrawals change, and emotions become even more distorted.
Extreme funding rates aren’t always opportunities; sometimes they’re just everyone panicking together.
There’s too much information, which makes me anxious.
My filtering method now is pretty crude: I only look at two or three long-term followings of L2/chain gaming updates + large on-chain movements, and treat other hype as noise for now.
That’s how I’m doing it for now.
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