I'm not very good at staring at charts to catch specific entry points, but after watching whale addresses for a while, I’ve picked up a small takeaway: don’t see big inflows or outflows and rush to copy-trade—first, figure out whether they’re actually building a position, or whether they’re hedging somewhere else. On-chain it might look like an “all-in,” but off-chain it could just be moving assets around / hedging, and the ones who rush in after it are often emotional traders like us—so the drawdown tends to come especially fast.

Recently, Layer 2 has been competing again—about TPS, fees, and subsidies—so there’s been quite a lot of noise. But the more lively it gets, the easier it is for someone to make a bet on both sides: buying into the narrative on one hand, while opening shorts to protect themselves on the other. Anyway, my current approach is: when I see a giant whale make a move, I wait a bit first, and check whether they’re also adding an opposite position on the derivatives side… otherwise, no matter how much margin I top up, my V/C can’t withstand liquidation. That’s it for now.