When the funding rate hits an extreme, I start to get itchy, but I also calm down first: at this time, market sentiment is basically not "bullish/bearish," but "who's more eager." Of course, it's satisfying to take the other side of the trade, but frankly you're just going against the inertia of leverage; even if you're right on the direction, you might get washed out by volatility. So I usually don't chase after it; first, I look at whether the open interest is concentrated on one side, and whether there are obvious signs of support or liquidation near the on-chain cost line. If it's also combined with Meme or celebrity hype that causes attention rotation across the entire network, I prefer to stay away and not catch the last wave; winning that way doesn't feel solid. Tonight, I'll keep an eye on the funding rate and open interest for two more rounds, then write the stop-loss conditions into my memo, and that's it for now.

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