These days I’ve seen someone screenshot "whale addresses entering the market" again, and a bunch of people are ready to follow… I usually hold back first, it’s not necessarily an opening position, many times it’s more like hedging, repositioning, or even just moving risk around. Especially now, with interest rate cut expectations fluctuating hot and cold, the US dollar index sometimes rises and falls with risk assets, and emotions are particularly easy to get tangled. The more lively it gets, the more you should slow down.

My somewhat crude way to avoid impulsive trading is: when I see a large order, I first close the trading page, then check a few transactions on-chain to see if they are reversed elsewhere; if I don’t understand, I just pretend I didn’t see it. To put it simply, I’d rather miss out than treat someone else’s umbrella as my own. That’s it for now.