Once the funding rate turns extreme, I basically stop trying to be a hero. Sure, I could take the other side too—but only if you’re willing to accept that volatility is going to “educate” you a few times. Put simply, most of the time I choose to step aside first, and then look at the direction once the emotions have burned out. Lately, the group has been arguing again about privacy coins, coin mixing, and the boundaries of compliance—and in the end, it’s really just an emotional premium: everyone wants to bet on their stance and win. If I have to keep just one habit, it’s this: when the rate is extreme, don’t move first.