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$ZBT(ZBTUSDT) has recently sparked a lot of discussion. Instead of worrying about whether to go long or short, it's better to understand the underlying game rules.
Let's start with the current market situation. From a technical perspective, the growth of OI(Open Interest) is not yet strong enough, the Fear and Greed Index hasn't shown a clear imbalance, and liquidation volumes haven't doubled exponentially. What do these indicators combined tell us? They indicate that the big players are still accumulating, and it's not yet time to act.
Why do we make this judgment? It's simple logic—market manipulation aims to profit. But if they cut now, the number of retail investors they can harvest is small, and profits are low. To really harvest, they need to attract more people and push OI higher. This takes time and requires repeatedly shaking out traders to test their patience, encouraging more people to enter.
This brings us to the most interesting part: is it bullish or bearish now? Honestly, both longs and shorts are being manipulated. Many people tend to overlook a common fact—the final outcome of altcoins is often predetermined, but the process to reach that outcome is random. If you look bullish, you'll get crushed; if you look bearish, you'll get pumped. Is it effective to judge the direction? Not very much. A more practical approach is to switch to the big players' perspective, observe the order book, and think about when and how they would cut to maximize profits if they had large funds.
In short, everyone has the same goal—making money. When to cut orders and how to do it—our retail logic and theirs are not much different; both are seeking the optimal timing to act. When that moment arrives, both longs and shorts will be taught a lesson equally.
Wait, so according to your logic, wouldn't I never be able to make money? Unless I also become a large fund?
Bullish gets crushed, bearish gets pumped, I feel like a puppet on strings, it's hilarious.
Actually, the most important thing is position management. Otherwise, no matter how smart the analysis is, it can't save me, a seasoned leek who’s been cut so many times.
I'm just quietly watching this ZBT wave, not moving for now, waiting for the chips to get a bit messier.
The only profit opportunity is to move together with the big players, but how can I know when they will move? That’s the real challenge.
Honestly, last time I was too greedy trying to catch the bottom and ended up losing 40% of my capital. Now reading this makes me even more exhausted.
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Both bulls and bears are being cut, this is the true nature of altcoins, retail investors are just here to play
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Is it still not time to act? Then keep washing the盘, anyway I’ve already become numb
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Well said, our logic is similar to the market makers, we all want to make money, just the principal is too different
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Bullish bets get crushed, bearish bets get pumped, this chart looks just like my ex, where is the promised gentleness
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Day N of the leek farmer’s diary: still haven’t learned to read the market maker’s eyes, keep fighting hard
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OI isn’t strong, liquidation isn’t enough, the index isn’t out of balance yet, so the market makers are holding back a big move
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The last sentence is brilliant, both bulls and bears will be educated once, I am already an excellent graduate
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No more debating bulls or bears, I just watch, anyway it’s all the same in the end
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Altcoins have long been set up, we are just playing a random process, this game is really exciting
Are retail investors and big players not much different? That sounds comfortable but it's actually self-deception.
ZBT's repeated shakeouts are just to push people in. Those with unstable mindsets have already exited.
Being able to profit from both long and short positions—that's the true face of altcoins. Let's stop fooling around.
We can't predict when the big players will move, so why bother analyzing K-line charts?