I'm currently looking at the project "Trustworthy or Not," anyway I don't look at the K-line first, I look at GitHub + audit reports + multi-signature upgrade records first. Beginners don't need to pretend to understand the code, just look at three small things: whether the repository is actively maintained (not those that haven't been updated for half a year and suddenly change a bunch in one day), whether the audit is repeatedly done by the same firm (whether it clearly states which risks haven't been fixed), and whether the upgrade permissions are multi-sig, whether the signers are sufficiently decentralized. To put it simply, can "I trust you" be turned into "I trust the process."

Recently, someone is chasing smart money with large on-chain transfers and abnormal movements in exchange hot and cold wallets... I also look at these, but more as emotional indicators, don't treat others' mining activities as signals. My long-term habit is to regularly review these fundamentals, rebalance positions according to discipline, and not be hard on myself.