I just reviewed last night's failed trade, and it really was a lesson for myself: I saw the price moving quickly and rushed to chase, setting a pretty wide slippage, but the pool depth wasn't enough at all, eating through several levels in one go, and the average transaction price was so outrageous I was stunned for two seconds... To put it simply, it’s not the market trapping me, it’s that my order placement rhythm was too impulsive. If I had placed orders more slowly over two or three attempts, or simply waited for the depth to come back a bit, it probably wouldn’t have hurt so much.

What’s even funnier is that today the community is still arguing whether the extreme funding rate should reverse or continue to inflate the bubble. Just looking at it gives me some PTSD: no matter how extreme the rate, for small orders like mine, the chance of being caught by slippage is even higher.

Later, I added a reminder and limit to myself: if the slippage/difference exceeds a certain threshold, a popup will appear, and I won’t let a single order go too big. My mindset immediately changed; I no longer have that impulse of “If I don’t buy now, I’ll miss out,” and instead I can patiently watch the depth and transactions. It’s frustrating but more solid... For now, that’s how I’ll do it, gradually improving.