Recently, I keep seeing a bunch of people watching “whale buying” and wanting to follow—I’ve been impulsive too… But the truth is: first figure out whether they’re building a position or hedging. Otherwise, you might be following a fake signal—getting led by someone’s act. On-chain, I just spotted a big transfer from CEX to 0x8a…c1b, and 5 minutes later it was split into two new wallets to open perpetual reverse positions. It looks like “stocking up,” but it’s more like spreading out risk cushions. Especially now, with memes plus celebrities throwing out a couple words and attention rotating fast—newcomers really shouldn’t rush to catch the last move. My rule is: if I don’t understand it, I don’t place an order; if I get an itch, I close the computer and go for a couple laps, then come back to see whether the volume and my emotions are still in sync.

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