When the funding rate shoots to the sky, I usually choose to make a run. After all, it’s hard to do either long or short—if your counterparty’s order book isn’t set up properly, you can easily get hit from both sides. Now everyone’s talking about ETF fund flows and how that risk appetite in the US stock market affects “da bing” (BTC, basically). To be honest, I still don’t really get it. But it feels like market sentiment is all tangled up—staying out of the volatility for a bit, then picking things back up once things cool down, doesn’t seem bad. In any case, my own NFT trades with those smaller orders feel steadier. That’s it for now.