When the funding rate hits an extreme, I start to get conflicted: should I take the opposite side and earn that small fee, or just play it safe and avoid the volatility? Honestly, I have FOMO, but getting slapped in the face by whipsaws is pretty annoying… Recently, I’ve been leaning towards reducing my position first, waiting for the emotions to settle before acting. I’d rather earn less than fuel the fire.

Just now, I checked on the chain and saw that when the routing of a new pool changed, USDC was swiftly moving from Arbitrum to the mainnet bridge. When I saw the gas spike, I knew today wouldn’t be peaceful. It’s not that I can’t do the opposite side, but I only dare to test small. I set a distant limit order; if it fills, I consider it a lucky find, if not, then forget it.

Also, hardware wallets are sold out, and phishing links are everywhere. At times like this, I really don’t dare to click on random “airdrop pages.” I’d rather take it slow and keep my assets tight. Anyway, I’ll stick to this for now, and when the market cools down, I’ll go all in again.