Recently, people keep talking about "address profiling" to tell stories: some are smart money, others are retail investors. I just find it amusing... Frankly, labels are just stickers; if you stick them right, you think you understand, if you stick them wrong, you get led by the rhythm. Especially when a bunch of addresses keep moving back and forth, mixing cross-chain, splitting into multiple wallets, clustering right off the bat feels almost like fortune-telling.

Now I trust more in the "movement of capital flow" rather than "the identity's name." Whether the same wave of money is coming in to provide liquidity or just moving around, how long they stay, how decisively they withdraw—these are more useful than just telling me it's a whale. Modularization, the narrative around DA layers, is also like that; developers are excitedly chatting, users are confused, and in the end, it still comes down to where the money moves, whether TVL is rising artificially or falling genuinely... Anyway, I might be stubborn, but when a new protocol comes out, I still get itchy to try it, then come back and complain a bit.