Recently, I saw a bunch of screenshots of "whales entering the market," which makes it tempting to follow the trades. But I’ll pause for now: is he gradually building a position, or is he doing a hedge? To put it simply, the same large transfer could be for adding to spot holdings, or it could be locking in both sides of a futures position, or even just moving funds to a different address for custody. Following in blindly can easily lead to buying at emotional highs.

I give myself a small exercise: when seeing a large order, don’t jump to conclusions first. Think of three possible scenarios, then check if on-chain activity and overall risk appetite are moving together. If you can’t tell, just let it go; it’s also important to cut yourself some slack.

By the way, hardware wallets are out of stock, and phishing links are still prevalent… The more these situations occur, the more you shouldn’t rush. First, solidify your security measures, and don’t let one "follow the trend" turn into paying tuition to scammers. That’s all for now.