2026-01-02 14:23:22

The market in 2025 has a very striking phenomenon—"demon coins" are particularly rampant.

You will see some coins inexplicably skyrocket, with technical indicators already a mess, yet the price continues to surge wildly. At this point, if you tremble and go short, you're basically waiting to be violently liquidated.

What’s really going on? To put it simply, the tactics of market makers and project teams have changed.

They used to profit from trading spot markets, but now the liquidity in the spot market is so poor that they can't make much profit. So, people have shifted to a new trick—upgrading from simply "pumping and dumping" to "wildly siphoning liquidity in the derivatives market."

In plain language: they’re just waiting for contract traders to take the bait.

Their logic is straightforward and crude. Use a not-too-large amount of capital to push the price up forcefully, triggering a series of margin calls and liquidations on short positions. Once most of the shorts are wiped out, the price naturally drops. Going through this process repeatedly, the project team makes a killing, while the remaining contract traders are left with bloodied liquidations everywhere.

This directly leads to an awkward phenomenon: traditional technical analysis basically fails here.

You look at the candlestick chart, and logically, the price should fall at this point. But they simply don’t buy into that— their decision logic is just to trigger liquidations, regardless of what the technicals look like.

So, a word of advice for friends fighting in the derivatives market: always maintain respect for the market, and never casually short. Especially those coins with terrible fundamentals that suddenly surge wildly—most of the time, someone is manipulating behind the scenes. Watching the surge is tempting, but most who jump in learn painful lessons.

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WenMoon

· 8h ago

Another season of being wiped out. Looking at these scam coins, I feel exhausted. I'm afraid of getting scammed again, so I no longer dare to chase highs or short. The futures market is a meat grinder; technical analysis is useless. This trick is so disgusting, just waiting for the leeks to get liquidated. Wake up, everyone. Don't be blinded by those skyrocketing coins. Shorting scam coins is just giving away money. I've already been burned.

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AllInDaddy

· 8h ago

Oh my, another bloody lesson. I was almost wiped out by this kind of scam coin last week, luckily I didn't go all in. This trick is really clever; the technical analysis is just a facade, they’re just taking your short liquidation. Seeing the sharp rise is really tempting, but no matter how itchy your hands are, you have to hold back. Wake up, it's just a new way to cut leeks again. Shorting these bizarrely pumped coins is basically suicide. Tsk, the contract market is now full of hunters and prey, I choose to lie flat. Liquidity has been drained, brother, now just waiting for the contract liquidation feast. Avoid scam coins, staying alive is the most important. That's why I switched to spot trading, contracts are truly hellish.

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MemeKingNFT

· 8h ago

Tsk, this is the trick I've been seeing in on-chain data all along. Only after getting scammed do you understand, a skyrocketing meme coin is just the slaughterhouse knocking on the door. Shorting? Bro, are you trying to experience what a liquidation feels like? Behind those suddenly skyrocketing shitty coins, there's definitely a whale wielding a knife. The technicals have long surrendered. What seems like an opportunity is actually a blood pit. I’ve warned friends not to touch these kinds of things.

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WagmiOrRekt

· 8h ago

Yet again, I see Yaobi, and my short positions in hand have long turned to dust. I really can't hold on anymore. Only after suffering huge losses did I realize that technical analysis here is just a joke; they simply don't play by the usual rules. Wow, this tactic—contract traders are really just being cut like leeks. Seeing a surge and wanting to short? Isn't that just inviting liquidation? You really need to clear your mind. This wave of market movement makes me want to quit the scene; it's just being toyed with by the big players. Trading contracts now is no different from gambling; technical analysis has completely cooled off. Project teams are making a killing, while we contract traders are just waiting to be wiped out—that's the reality in 2025. After more and more Yaobi coins, I now become numb at the sight of a surge; nine times out of ten, it's a trap. Relying on technical analysis to pick coins is outdated; now it's all about who can survive and come out alive.

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Ramen_Until_Rich

· 8h ago

Another batch of lambs waiting to be slaughtered, the sound of contract liquidations is getting louder and louder --- The technical analysis failure is real, last time I almost got wiped out just by looking at the candlestick charts --- This new trick of market makers is truly brilliant, just waiting for us to make a mistake --- Shiny coins are everywhere, watching the daily limit up and wanting to buy the dip, but ended up being forcibly liquidated --- Basically, they are fishing, and we are the ones sending our heads --- Right now, trading cryptocurrencies is just gambling, betting on when they will dump the market --- Still advised to stay away from these suddenly surging trash coins, the cost of blood is too high --- The contract market is really not a place for amateurs now --- Even with poor fundamentals, prices can be pushed up, this is the magical realism of 2025 --- Shorting once, wiping out an account for a year, I am that "majority"

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GovernancePretender

· 8h ago

It's the same old story, contract players are really just leek reserves Market manipulators' psychology, pumping up is just to harvest liquidation orders I've seen too many brainwashed by scam coins, ending up going all-in and losing everything Candlestick charts are really useless here, they don't play by the usual rules My only advice is two words—don't be greedy, staying alive is the real winner

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JustHereForMemes

· 8h ago

Crypto coins, this routine is really clever. Watching the limit-up board makes you want to buy the dip, but it turns into a leek in a second. The contract market is just ridiculous. Technical analysis is all for show. When the big players say pull, they pull; when they say drop, they drop. We retail investors are just their cash machines. I've truly learned from this wave. I won't touch those coins that suddenly surge without reason; it feels like there's a big hand behind the manipulation. The painful lessons are indeed numerous. Friends around me who got liquidated are almost forming a group. Shorting, when it looks cheap, makes you want to buy in, then you get pierced by arbitrage. This feeling is too hopeless. No wonder no one is trading spot anymore. The liquidity is terrible. Others switch to contracts and directly harvest the leeks, with an efficiency that’s shocking. Institutions are really too good. Small funds can push prices up forcefully, waiting for us contract traders to get liquidated. This deal is too shady. The candlestick charts here are basically useless, analyzing fundamentals can't compete with the minds of the big players. Forget it, it seems I need to change my strategy. This market is becoming more and more incomprehensible.

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