When the funding rate reaches those outrageous extremes, my first reaction isn't "buy in," but rather to disconnect from the internet for ten minutes to calm down... Frankly, it's easiest to be driven by emotion in these situations. Looking back, I usually do one of two things: either take a small position against the other side (but with predefined exit conditions), or simply avoid the volatility and wait until the rate returns to normal. Earning a little less is better than being whipped back and forth.

Recently, everyone has been talking about staking unlocks, token unlock schedules, and the anxiety over selling pressure. Actually, when these kinds of news heat up, volatility and rates tend to be amplified, making me more eager to act. Now I trust data a bit more: rates are at least evidence that "everyone is pushing on the same side" at the moment; intuition also plays a role, but it only reminds me, "Are you about to FOMO again?" I give my emotional score today a 6/10, so I'll leave it at that.