I stared at the funding rate for a while again. BTC is almost -0.15% now—longs are really struggling. If it were back then, I might’ve just gone in straight and got the other side liquidated, but lately I’ve taken a few losses from getting wicked, so I’m a bit scared. Anyway, with this kind of market, dodging the volatility feels way more comfortable than hard holding. As long as you don’t get liquidated, it’s not too late to come back and pick up a bargain after the emotions pass.

Speaking of which, the NFT royalty fee drama has flared up again—creators say the platforms take too much, and the secondary liquidity has pretty much run cold. Honestly, I’m treating this kind of thing as watching a show for now; let’s just take it one step at a time. If only this money could be rolled over into gas, that would be great—haha. For now, that’s it: when the funding rate is at extreme levels, still keep your hands under control. Who knows whether another needle will come in the very next second.