These days, I see a bunch of people watching "whale addresses" and preparing to follow trades, but honestly, first figure out whether they are building a position or hedging... Even with large transfers in and out, some are just moving spot holdings for protection, or shifting positions elsewhere. If you rush in blindly, you'll just end up taking the loss. Recently, everyone has been using ETF capital flows and risk appetite in the US stock market to force-fit crypto price movements. I think it's better to see them as sentiment indicators, not causality. Anyway, I’m currently doing small experiments, waiting for on-chain activity to be consistent for several days before taking action. Moving slowly isn’t shameful.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin