I spent half a day chatting in a group, and I really couldn’t hold it in anymore.

That funding rate thing goes to extremes—there are only two types of people in the group: one side yells “go after the opposing positions, it’s a money-transfer game,” while the other side huddles up like a quail, waiting for liquidation to blow them up. As for me, I’m a Fomo player. I say stuff like “let’s first look at on-chain data to dodge volatility,” but my fingers have already started tapping to open perpetual positions. Plainly put, the profit on the opposing side is really tempting—but when the drawdown comes, it’s also truly deadly. Last time the ETH funding rate surged to 0.2%, I stubbornly held on right up to it—only to close one second before liquidation, and my blood pressure shot through the roof.

Lately, the whole NFT situation is even more ridiculous. Royalty disputes are flying left and right, and liquidity in the secondary market is like constipation—you lose money and then get into arguments about it. Anyway, my brain can’t wrap itself around it. Might as well watch the layer-2 trading fees or place a gamble in the “monkey market.” As long as the move is fast, that’s all that matters. For now, that’s it.