When I get the itch to chase the rally, I first pause for three seconds and ask myself: What exactly new information have I added, or am I just not willing to miss out? To put it plainly, if the information can be restated, your emotions will only spur you to add to your position. Recently, the funding rate has moved into a pretty extreme zone again—people in the group are arguing whether it’s about to reverse or whether it’s just continuing to squeeze the bubble. My approach is very “plain and simple”: treat leverage as a “noise amplifier,” turn it down a bit, and then look again. If you want to rush in now, try to explain your buy-in logic in one sentence first. If you can’t, then assume you’re buying emotions—not let your position get the better of you.