Funding rates have turned negative, which means there are now more people shorting than longing. When trading, you’ve got to go against the crowd. By the way, let me explain why I talk about selling spot, but the actual trade is in perpetual contracts: 1. Perpetual contracts have the best liquidity. 2. Perpetual contracts allow you to use WBETH as margin, so during the period of selling ETH, you won’t lose out on ETH’s PoS staking rewards. Just focus on the trading direction & position size. As for the specific method of execution, whether it’s spot, futures, or even options, it’s all equivalent. I’m still in coin-denominated mode. Trading is just a way to increase the number of coins. The growth potential of coins isn’t as high as it used to be. The old strategy of hodling coins without moving can’t even outperform U.S. stocks anymore. Now, you’ve got to play the cyclical swings.