Many people ask me, if extreme self-discipline and strict adherence to strategy can help one turn things around through contracts? The truth is cruel: no matter how impressive your discipline is, it becomes cannon fodder in the face of "open card gambling." When you set a stop loss on Binance, the dealer sees your hole cards in the background. A random "needle insertion" can precisely break your discipline, and then the price rises again. You maintained your discipline but lost your principal. The mathematical logic of this game has been unequal from the very beginning: fees are a chronic bloodletting, needle insertions are targeted explosions, and black swans can clear everything at any time. Contracts are not a shortcut to wealth but an accelerator that shortens the time to bankruptcy. True self-discipline is refusing to step into this meat grinder designed specifically to harvest you. Remember: the dealer wants your principal, but you think he is giving you a bonus.
A heartfelt suggestion to all retail investors: when deciding to open a contract, whether going long or short, if you have an idea, first validate it with ChatGPT or Gemini. Then, you must assume that this trade will lose money and also understand how much loss you can bear. After that, open the position; never think that you are missing out on the market immediately, as the market is always there, it always exists.
From Forced Liquidation to Panic: The Entire Process of Bitcoin's 'Death Spiral'
This round of Bitcoin's dramatic plunge is essentially a chain reaction triggered by multiple layers of leverage. The price quickly dropped from a high point, first triggering the forced liquidation of highly leveraged long positions, which turned into market sell orders, further driving down the price; the more the price falls, the more leveraged positions are liquidated, forming a spiral structure of 'drop → forced liquidation → further drop'. At the same time, some miners and institutions are under cash flow pressure after the halving, forced to sell spot to replenish funds, amplifying the downward pressure. The rapid contraction of open interest in the derivatives market and the negative funding rates indicate that this is not an active shorting but rather passive deleveraging that is dominant.
Sol has fallen 60% from its high, many people are buying at this level to go long, but based on historical data, it is currently around the mid-level, with significant downside potential. Do not easily enter to pick the bottom before there is a large volume of transactions.
Bitcoin is actually the struggle between retail investors and big players. Although it is currently falling, retail investors keep buying as the price drops, and their holdings continue to increase. If they are not harvested, who will be?
The Illusion of Ethereum: A Harvesting Game that Must Break
In the cryptocurrency market, Ethereum (ETH) is often packaged as the 'cornerstone of the blockchain future,' endowed with various beautiful imaginations such as smart contracts, decentralized finance (DeFi), and NFTs. However, when we truly step into the trading market, we find that it is more often just a tool for the dealer to harvest. The illusion of massive longs Every surge in Ethereum attracts a large number of retail investors and speculators, creating massive long positions. These individuals often hold the belief that 'Ethereum represents the future,' thinking its value will continuously rise with technological applications. This mentality is exactly the market atmosphere that dealers love the most.
When prices rise and fall, people look for narratives and reasons, but these actions are actually very foolish. The operators love to release news that makes you believe this asset will continue to rise and has infinite potential for investment. Then they quietly sell off their holdings. If a coin has no new news or new points of speculation, it means there are no new investors, such as trash like $GMT . Therefore, the end of altcoins is zeroing out and being delisted. Never hold onto the fantasy that altcoins will be the next tenfold or hundredfold coins.
Yesterday I opened $DUSK and saw retail investors going crazy shorting, while the big players were setting up to go long, so I entered the market in batches and took advantage of the wave.
$LPT Analysis of the dealer's disgusting behavior; the manipulation was actually to harvest long positions, while the dealer had already laid out short positions at a high level, leaving the foolish retail investors.
Share some of my insights from the past few years. Altcoins should never be touched; once they drop, it's impossible to break even. Contracts should not be held either; when the market makers leave, it becomes worthless. Being at a low point doesn't mean it's really low; these are inherently worthless things. Waiting for the so-called value to return is impossible. Currently, most altcoins are at historical lows. You might think it's a bottom, and some may indeed be, but most are not. You think you're at the bottom, but you're actually halfway up the mountain, and the possibility of further decline is very high, just to harvest those who are trying to buy the dip. Holding mainstream coins and dollar-cost averaging is the best opportunity right now; stay away from altcoins. $FIL $FLUX specifically calling out these two pieces of garbage.
$FLUX This coin has too many people going long, and many are holding their positions. The market maker will inevitably harvest this part of the people. If you are still holding your position, please take care of yourself.