Recently, I've been looking at a bunch of "tags/clusters/smart money" address profiles, and honestly, they can only serve as a thermometer of sentiment, not as a Bible. You never know if it's the same person splitting their positions, a market maker's disguise, or the project team themselves performing. Especially before upgrades/hard forks/maintenance, when on-chain funds move, everyone starts to speculate "the ecosystem is migrating," but it's mostly just risk aversion, rebalancing, or pure cross-chain arbitrage passing by.



My itchy psychological reason is also very common: when I see a "whale-tagged" address continuously placing buy orders, my mind automatically adds, "Am I falling behind?" Then discipline comes to slap me: first check if the funding rate is forcing longs/forcing shorts, then see if the liquidation hot zone is fishing, and address profiles are mostly just background noise. Anyway, my current approach is: tags can be viewed, but I only trade based on my own criteria; otherwise, it's easy to be led by the nose.
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