I'm currently quite skeptical about "on-chain privacy": I don't expect anonymity, just hope not to be casually associated. Frankly, on-chain is more like public surveillance, and compliance isn't something you can easily dodge; if someone really wants to investigate, they can usually piece together the entire trail.

After watching wallets for a long time, it feels more like observing habits: transfer times, favorite DEXs, whether there's a fixed cross-chain bridge—after a series of actions, it’s almost like a fingerprint. Ordinary people should just avoid using a single address as an ID, avoid posting transaction screenshots everywhere on social media, and when necessary, use different addresses separately, and don't tie KYC entry points directly to on-chain activity... But don’t expect that "using a certain tool makes you completely clean," often it just shifts the cost to the next withdrawal.

Recently, I've been discussing rate cut expectations, the US dollar index, and risk assets fluctuating together. I’ve become more cautious: the hotter the market, the more transparent the on-chain activity, and the higher the chance of crossing compliance boundaries. Anyway, I personally keep fewer traces, stay less greedy, and honestly report taxes—no pretending to be oblivious. That’s how I’ll start.