These days, I see a bunch of people watching "whale addresses" and preparing to follow trades. I want to advise: first, figure out whether they are building a position or hedging... Many large orders look like buying, but on the other side, futures are open with a reverse position, or they are just moving funds around to change positions. Following in blindly is just helping them lift the market or catch the waves.

Especially now, with the pledge and shared security systems being criticized as "profit stacking," on-chain funds are moving back and forth more frequently. Big movements don't necessarily mean bullish sentiment. My approach remains the same: only consider the drawdown I can handle, do it in batches, small positions, better to miss out than be hypnotized by K-line patterns. That's all for now.