Just woke up and checked the blockchain. I saw again how some people are fixated on that “whale address moves and then rushes in” theory. Honestly, it’s pretty easy to be led by the rhythm. Big accounts transferring funds back and forth doesn’t necessarily mean they’re building a position; a lot of the time it’s hedging, repositioning, or even moving margin across chains—just to settle a bit faster. Then everyone treats it like a signal to follow… and once a pullback hits, they start blaming the market. My straightforward approach is to first check whether they’re withdrawing from an exchange or sending funds in, whether it’s done in batches, and whether they’re opening an opposite position in derivatives at the same time—at least to distinguish “buying intent” from “risk management.”

Recently, the NFT royalty debate has blown up again, and it’s the same story: on the surface, it looks like creator income, but underneath, it’s really about how liquidity and rules are set. Don’t pick a side based on a single line. Anyway, no matter how fast the bridge is built, you still have to stay steady first. I’d rather miss out than end up as liquidity.