These past two days, the funding rate has started to veer into extremes again—our group chat has been in an uproar: should we go to the other side, bet on a reversal, or just follow the trend and squeeze out another wave of bubble… I’ll just slow down first. To put it plainly, in times like this, emotions move faster than the market; once you get impulsive, it’s easy to be led astray by the “bull-bear justice.”

I generally don’t go head-to-head, especially when my position isn’t large; I’d rather be half a beat late: either reduce leverage, cut my position size, and leave myself some breathing room; if I’m really going to take the other side, I will only test it a little—treating it as insurance for a “possible reversal,” and admitting when I’m wrong. Anyway, I care more about being able to live long enough. When L2 fees are cheaper, I’ll slowly rebalance—don’t let the thrill of a few hours throw off months of rhythm… I’ll have a sip of coconut water first, then we’ll talk.