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Once the funding rate becomes extremely high or low, I tend to pause for two minutes and think: Is this really "everyone is too in sync," or am I being led by the market? Honestly, if I want to take the other side, it's not about showing off; I need small positions and strict stop-losses, or else a quick acceleration could wipe me out. But if I can't understand where this wave of emotion is coming from, I might as well hide, earning less is better than being washed out by volatility.
Lately, airdrop season has made people feel like clocking in at work; the more strict the anti-witch platform is, the more the points resemble KPIs, and market sentiment has become more agitated... Sometimes I even doubt whether the funding rate is so exaggerated because a bunch of people are simultaneously farming and casually leveraging. Anyway, my current principle is pretty simple: just survive, don’t add to your position in the name of "I must prove myself." That’s all for now.