Recently, I've been looking at address profiling again. The tags and clustering look pretty much like the real thing, but honestly, it's just "guessing who is who." It's not hard to split one group of people into ten different addresses, but on the flip side, it's common to lump innocent people together... So now I usually start by checking permissions and fund flow paths—who can change parameters with one click, who holds the vault keys—it's more telling than just calling someone "smart money."

The kind of collapse points in blockchain games are actually quite similar: when inflation kicks in, studios get swept up, the coin price spirals, and on-chain it looks lively, but underneath, the flow has already started to leak.

To avoid impulsive orders, I set myself a "cooling-off period": when I see something I want to chase, I first close the trading interface and check contract permissions/multisigs/large transfers. If I still want to buy after ten minutes, then I consider it. Most of the time... after a while, the excitement subsides.