#美国非农就业数据表现强劲 Low-price bottom-fishing for altcoins and shorting new tokens—this combination is often the fastest way for retail investors to lose money. The root cause is simple—lack of understanding of the market’s game rules.

The crypto ecosystem is actually quite clear: exchanges need to generate trading volume, market makers seek arbitrage opportunities, project teams need funding, and large investors want profits. All these links draw from a common source—ordinary traders. The liquidity traps of altcoins, the logic behind new coin issuance, and the rhythm of whale accumulation are all carefully designed.

Rather than complaining about the market, it’s better to understand its strategic logic. Recognizing the different demands of exchanges, project teams, and big capital is essential to avoid becoming the last bag-holder. During non-farm payroll data volatility, these traps are often even more covert.