American Bitcoin players have recently collectively broken down due to the "unique strategy" of Chinese players. Veteran retail investors from the A-share market have switched to the crypto world, leaving Americans baffled.
Chinese players don't buy when prices drop and run when prices rise. Americans trying to cut the chives find that not only can the chives run, but they run incredibly fast. They take a few points and leave, and when they incur losses, they retreat immediately. This operation leaves Americans completely confused.
Despite Americans shouting about Bitcoin's skyrocketing value every day, Chinese players don't buy into this. Heavy positions? Nonexistent. Long-term holding? Don't even think about it. It's all about quick entries and exits, cashing in for peace of mind.
Chinese players, who have been through thick and thin in the A-share market for many years, have long mastered the "cutting losses technique." Do American players think they can cut the Chinese chives? Not a chance! This can be called the "survival strategy with Chinese characteristics."