Recently, there are always people watching whale addresses and immediately wanting to copy trades. I really want to hand you a raincoat: first, figure out whether they are building a position or hedging. To put it simply, a whale making a purchase might just be the other side opening a larger short, or using spot as collateral, specifically waiting for your emotions to take over. What you see is "entry," but what they are doing is "risk control."

And that set of interpretations that link ETF capital flows, U.S. stock risk appetite, and cryptocurrency market rises and falls... sounds smooth, but it's actually just an excuse for impulsiveness. Anyway, when I look at the blockchain now, I first check their position structure and fund flow, then see roughly where the liquidation price is. Don’t jump to conclusions that a large transfer means they want to pump the market. Don’t pretend—most of the time, copying trades loses because you think you're following the trend, but in reality, you're providing liquidity for others.