A few days ago, I saw a large wallet on the chain continuously buying up, and I almost wanted to go in with the first hand, my finger almost on the confirm button... But then I looked at the depth during the session, and the orders looked like they could be canceled at any time, which felt more like hedging against myself rather than genuinely building a position. Honestly, whales can also perform tricks; a large order doesn't necessarily indicate the true direction.

Now, with extremely high fees, the group is starting to argue again whether it's a reversal or just more bubble squeezing. I, for one, am holding back my impulses for now. There was a previous time when I couldn't understand why someone would push through, only for the other side to counter in a few minutes, leaving me holding the volatility. I learned my lesson: if I can't tell whether it's building a position or hedging, I won't move; I’ll cancel my orders and walk away, waiting for the next wave.