Lately I keep seeing screenshots of various "tags/clusters/smart money addresses," honestly it looks pretty satisfying, like having the answer. But I've been doing cross-pool arbitrage for a long time, and I know that these on-chain bubbles burst easily: the same person can have dozens of addresses, exchanges and custody wallets are mixed together, and while the profiles are somewhat referenceable, don’t treat them like IDs.

Why do I get itchy? Actually, I’m just afraid of missing out. When I see a line of funds flowing somewhere, my mind automatically fills in the story: is it about to take off, am I too slow again... Especially recently, with the stablecoin regulation, reserve audits, and de-pegging rumors being repeatedly shared in the group, everyone’s emotions spike, and these tags become more like "emotion amplifiers," the more I look, the more I want to act.

Anyway, I now just use them as a weather vane, not a navigation tool. If I really want to act, I’ll go back to AMM curves, fees, and slippage, only engage when I can calculate clearly; if I can’t, I’ll just watch the excitement. That’s it for now.