Seeing this issue, many people's first reaction might be to scoff.

But the data is in front of us: retail accounts consistently account for over 90% of active accounts in crypto assets, and over 80% of the holdings come from retail investors. Ironically, the ones who look down on retail investors the most are often the retail investors themselves; it is the market makers and large capital players who understand their power best.

Just think about it and you'll understand.

When market makers and main players want to offload and exit, they carefully design schemes to ignite retail investors' enthusiasm for buying, encouraging everyone to push prices higher. As long as retail investors follow along, they can easily exit. How strong is retail buying power? It is enough to support the entire dumping plan. This is not speculation but a repeated reality.

Conversely, when large funds want to build positions at low prices, they will try to create a panic atmosphere. Dumping, negative news, technical breakdowns—once retail investors become fearful, they start cutting losses and selling. Cheap chips then flow continuously into their hands. Such scenarios are played out daily in the crypto world.

Most crypto assets undergo a shakeout during price fluctuations. Who are being shaken out? Those retail investors who can't hold on and want to escape at the first drop. Those who stay are participants confident in the future market and willing to hold. Why is a shakeout necessary? Because if retail investors suddenly all dump and flee, even the strongest main players can't withstand it. Once the avalanche starts, no one can save anyone.

So the issue isn't whether retail investors have power, but whether that power is being guided or exploited.