I just saw someone say, "When interest rates move, the crypto market follows suit," and I really have to agree... Honestly, when interest rates are high, people prefer to hold cash or stable assets and sleep soundly. As risk appetite decreases, my own positions tend to shrink unconsciously, keeping some bullets in reserve and not going all-in out of impulse. When the market starts to feel "it's not that scary," and sentiment warms up, only then do I dare to slowly add back to my positions.

Additionally, recently on-chain large transfers and sudden movements in exchange hot and cold wallets are interpreted as smart money positioning or fleeing. I always want to laugh but also feel a bit anxious: the same amount of money might just be moving to a different wallet, but the comment section already reads like a full spy drama... I now treat it as a "weather forecast," watching the trend but not using it as a navigation guide.

You say, "Should I just follow large addresses?"... Don't rush, I’m also worried about copying someone who’s just adjusting their positions.