#Pachli Current now highlights the hashtags you follow. Within a post any hashtags you follow are shown in bold. The info area above a post shows a hash-marker and the first followed tag in the post.
This helps answer the "Why is this post in my timeline?" question.
The attached screenshot shows an example with the #mastodev hashtag.
Thanks to @neatnit, @_nibbles, and @quaff for the suggestions about this.