Recently, I've been looking at address tagging/clustering and those "profiles," which are basically like fortune-telling: sometimes surprisingly accurate, sometimes just a mix of coins passing through, a few cross-chain transactions splitting, and immediately splitting personalities. Especially now with the heated debates over privacy coins, mixing, and regulatory boundaries, many people shout for privacy rights while also wanting to use tags to catch "bad actors." It makes me anxious... But I still keep an eye on lending pools; tags can only be clues, not verdicts.

The market information is too noisy right now, and my noise reduction strategy is simple: first, ignore the conclusions of KOLs, and directly categorize fund flows into three types: "into lending pools / out of lending pools / into exchanges." Only trust a little more if it matches up, otherwise just treat it as a story. Anyway, data doesn't lie to me; what lies are the explanations.