Last night, I got curious again and went to analyze address labels/clusters on the blockchain. To be honest, it's quite useful but also quite misleading... Splitting the same batch of funds into dozens of addresses and transferring, the label immediately changes from "smart money" to "retail investors," making it hard not to be influenced. I now mainly use it as a "sense of direction," checking whether the capital flow is continuous or if old addresses are re-entering; otherwise, I treat it as noise. Recently, Meme + celebrity calls make attention shifts too quickly. When newcomers see "certain address adds to position," they rush in, probably just catching the last wave. Anyway, I still experiment with small positions, and if I make mistakes, I write a review and face it directly, at least it helps me sleep better at night.