2026-01-08 17:26:22

On the surface, it's about the ups and downs of numbers, but deep down, it's a battle of hearts and minds.

When the market dips sharply, all the chat groups immediately fall into panic. The candlestick charts are interpreted over and over, as if the next moment will send prices straight to the floor. I've seen this play out too many times, but this year is indeed a bit different—opponents are playing more cleverly, and their tactics are deeper.

The old method of violently pumping up prices and then crashing them gradually faded from the stage. Now, capital is more adept at exploiting human weaknesses to craft strategies. Fake breakouts are becoming more convincing, key levels are repeatedly harvested, just to make you doubt yourself again and again. Those without a reliable trading system can quickly lose patience and capital in this back-and-forth.

**Emotions are lying**

Bitcoin has fallen over 20% from its high, now hovering around $88,000. The market is filled with unease. But look at how other assets are performing—gold has risen 9% during the same period, and traditional stocks are also climbing. This contrast itself speaks volumes: the panic here in crypto is more about internal structural adjustments, not a global collapse of risk assets.

The Fear and Greed Index recently rebounded from 13 to 19, sounding somewhat better, but in reality, it's still in deep panic territory. History has taught us that the lows of emotion are often the best times for long-term buying.

This situation now resembles the crash in October 2025—when a single day saw $19 billion liquidated, over 129,000 investors wiped out overnight. What's the difference? This time, large funds didn't panic and withdraw; instead, they chose to watch coldly from the sidelines.

**The game is still going on**

The market keeps repeating the same tricks. The key is whether you can see through them.

BTC0,14%

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ImpermanentLossFan

· 11h ago

Manipulation techniques are becoming more sophisticated, retail investors simply can't defend against them.

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CodeAuditQueen

· 01-10 09:27

Isn't this just a huge reentrancy vulnerability... a group of people rushing in and rushing out, smart contracts aren't even this inefficient.

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ProxyCollector

· 01-08 17:55

Playing such deep tricks, we retail investors are just doomed to be repeatedly wiped out, but at least we've seen through it. --- Really, every time there's panic, someone is lurking at the bottom, just waiting to see who can stay calm. --- The key level of 88,000 keeps getting repeatedly taken, I've been shaken out twice already, I'm done. --- Gold is rising, stocks are rising, but in our crypto circle, we're just playing internal circulation, it's hilarious. --- People without a system don't even have it easy now; I'm the typical one who gets repeatedly tossed until bankruptcy. --- See through? Bro, I can't even see through myself now, let alone the market. --- The biggest difference between this wave and the October one is—this time I don't have the capital to blow up. --- Buying at the emotional bottom sounds great, but you have to survive until you reach the bottom first. --- Large funds watch coldly from the sidelines, while we small retail investors watch eagerly—everyone's just spectators. --- Fake breakouts are getting more and more realistic, I can't even tell what's real or fake anymore.

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ProposalManiac

· 01-08 17:45

That's correct, but the key issue still lies in mechanism design—the retail investors lack equal information advantages, which fundamentally leads to a failure in game balance. The lessons of history are clear: every major decline exposes the same vulnerability—lack of transparent trading mechanism constraints. Those who truly survive are still those who treat risk management as a system.

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EthMaximalist

· 01-08 17:43

Things are getting dirtier and dirtier. This time, even the big players aren't rushing to exit. What does that mean? --- It's just repeated harvesting. I just want to see when retail investors will surrender and give up. --- Gold rising, stock market rising, crypto panic—this contrast is quite interesting. --- A 20% drop isn't too bad; it's much milder than that wave last year. The problem is the mental state has collapsed. --- Fake breakouts are increasingly looking real; brothers, it's hard to tell the difference. --- At the 88,000 level, some are panicking while others are buying in. It all depends on who has a stronger mindset. --- Is the index rising from 13 to 19 still deep panic? How desperate must one be to call it true panic? --- Every bottom is said to be a good opportunity. I've said this so many times—this time, is it really? --- The key is that those without a trading system have long since laid flat. Just keep watching the show. --- That's how the market is. To win, you first need to see through the tricks, and secondly, withstand the mental pressure.

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GasWhisperer

· 01-08 17:41

yo mempool's telling a story rn and honestly? the gwei patterns don't lie like the emotional charts do

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