This is what happens after a market surge followed by a crash:

When large funds withdraw, they don’t give notice. The main players hold a lot of chips and like to quietly offload during market excitement, waiting for retail investors to react, who then find themselves trapped at high prices.

Leveraging to trade cryptocurrencies is very risky. Many people increase their leverage to chase the rise, but with even slight market fluctuations, these individuals can face a chain reaction of liquidations, which drives prices down.

Don’t easily trust so-called "breakouts." Speculators often deliberately push prices up, and when retail investors follow suit, they crash the market. Those sudden spikes on the candlestick charts are often at the expense of retail investors.

Bad news can easily emerge during a frenzy. When market sentiment is at its peak, a piece of negative news can trigger a sell-off, just like a party suddenly going awry, causing everyone to panic and leave.

Remember a few points: set stop-losses in advance, don’t follow the trend to chase rises, and if you’ve made money, it’s time to withdraw. Financial markets are very realistic, so don’t harbor too many illusions.