These days, after the market calmed down, I realized that the word "bottom fishing" is quite a luxury. When liquidity dries up, slippage feels like a knife, and order placements are more like decorations. Honestly, it's about surviving first and then talking about bravery. The community is also arguing whether the extreme funding rates mean a reversal or just more bubble squeezing. I'm a bit timid: the more exaggerated the rates, the less I want to leverage up, preferring to wait for it to cool down on its own. The same goes for bridges and L2s—when panic sets in, the more we want to take shortcuts by jumping across, the easier it is to fall into traps... Slow down the process, keep positions small, at least then I can sleep. My partner also teased me, saying, "Is this really trading, or just doing risk control homework?" I don't know either; anyway, better not get swept away by a wave first.