Behind the Plummet of Altcoins: How Major Players Manipulate Retail Investor Psychology?
Recently, the altcoin market has collapsed once again, but don’t be fooled by appearances — this downturn was premeditated, fundamentally a “psychological slaughterhouse” meticulously planned by large funds.
Looking back at the market strategies from earlier this May: first creating a cycle of “decline-rebound-further decline,” torturing retail investors into cutting losses or buying at high positions.
At the end of May, suddenly throwing out favorable policies and project progress as “sugar-coated shells,” creating the illusion of a returning bull market, enticing chasing funds to rush in while stealthily offloading their chips to retail investors.
The current battlefield revolves around two major “psychological life-and-death lines”:
The $100,000 threshold for BTC: if it breaks down, market confidence will collapse, but large funds insist on repeatedly pulling back and forth here, wearing down the patience of coin holders; the resistance zone at 109,500 points: if it rebounds to this point, it signals a short-term exit, chasing the rise is like delivering your head on a platter; if it first falls to around 97,000 points and consolidates, extra caution is needed for the trap of “false drop and real wash.”
The trend of Ethereum is even more typical: previous support levels have turned into resistance levels, becoming a “meat grinder” fiercely contested by bulls and bears. However, looking at a longer timeframe, even if it drops back to around 2,200 points, it is merely a “halftime break” in a mid-term adjustment.
In short, large funds are manipulating key price levels and emotions, treating retail investors like leeks to be harvested. The crypto space has never been about who makes more money, but about who survives longer — understanding the tricks is essential to avoid being used as cannon fodder.
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