Recently, the funding rates have become outrageously exaggerated again. I can talk all day about "extreme emotions = opportunities," but I still keep my hands empty... Honestly, it's hard to take the other side's position, especially when such volatility hits; even if the direction is right, you might get pierced and lose everything. If I really get involved, I only dare to do so very small, admit when I'm wrong, and don't fight the market.

And now everyone is still criticizing miners/validators for eating too fat, MEV ordering being unfair. The more these times come around, the less I believe that the "order book is very clean." When rates are extreme, I prefer to hide away more, wait until net inflows and trading volume return to normal before acting. Anyway, missing out on a period is better than getting educated.