#巨鲸动向# Many people have heard a viewpoint like this - in the Digital Money market, the most deadly thing is not playing people for suckers, but cultivating new catch a falling knife.

I once witnessed a small cryptocurrency being rapidly boosted from $1 to $3. When ordinary investors were excited and rushing in, the actual funds had quietly exited at the $2.8 level. The operational logic behind this is much more complex than the trend we see on the charts.

Experienced traders are not worried about how to raise prices; their real focus is on how to "cleanse" the mentality of coin holders. For example, repeatedly pushing down chips acquired for 1 dollar to a level of 0.8 dollars. When certain investors reluctantly cut their losses, the market's psychological expectations have already undergone a subtle shift:

Investors who once believed that $1 was a solid support are now developing an attachment to the price of $0.9, unwilling to let go easily. When the price rebounds to $1.5, the 100% potential gains for early holders have dropped to around 60%, and the original "long-term holding" strategy has shifted to "timely profit-taking," with market selling pressure released in advance.

A more sophisticated strategy is to replace the "emotionally unstable" with those who have "more confidence" through price fluctuations. Those who cut losses and exit do so with losses, while new investors believe "this is just the beginning of an upward trend from the bottom" and are willing to continue buying at $1.6 and $1.8.

The operator does not need to precisely predict the top; they just need to "push up while distributing" when breaking through key prices, and the chasing buyers will naturally take the chips.

I deeply understand the market rule that "without fluctuations, sustainability is difficult": if the price is simply pushed up, it will lead to the locking of chips, making it hard to find sellers even if the price doubles, ultimately leaving only the operators to trade among themselves.

Once the upward momentum weakens, those investors who have made huge floating profits will concentrate on selling, forcing the operators to repurchase at a high price; for small coins with poor liquidity, after a rise without volume, there will be a lack of buying depth, which will ultimately face the risk of collapse.

The true purpose of price fluctuations is not to compete for chips, but to create good selling channels. The real profit point is not at the highest price, but is distributed throughout the process of each震荡换手.

In this market, it is crucial to choose the right companions for long-term survival. We should collectively pursue stable compound growth, ensuring that every trading decision we make can withstand the test—after all, only those participants who can continue to survive have the opportunity to become the ultimate winners.