These days, I've been seeing a bunch of screenshots of "whale addresses entering the market," and I really want to laugh...


Before copying trades, first figure out whether they are building a position or hedging; many look like buying, but actually they are buying spot and opening short contracts to lock in risk, so their net position isn't as aggressive as you think.
In other words, what you're seeing are actions, not intentions; especially when liquidity is thin, a whale stepping in can cause slippage that can easily confuse small traders.

My own simple method: first check if there are opposite positions during the same time period, see if the trading depth has been "filled" or "broken through," then see if they are gradually eating up orders in batches.
If you really can't understand, don't force yourself to learn; better to wait for confirmation.

By the way, now with social mining and fan tokens, that "attention equals mining" approach is quite popular, but attention is also the easiest to be used as a smokescreen...
What I don't regret is: every time I get itchy to act, I silently repeat the phrase "he might be hedging" three times, at least to reduce the number of times I become fuel.
That's all for now.
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