The market ecosystem has long changed.
In the past, when there was only spot trading, retail investors could only be trapped at most, but now with contracts, the efficiency of losses has doubled—liquidated on the rise and liquidated on the fall.
Look at how many people were harvested in this wave with $MYX , how many were caught in both long and short positions? What the manipulators are playing now is not about pushing prices up or down, but about precisely detonating contract positions.
The contract market is a giant meat grinder, and the cruelty of zero-sum games is vividly manifested here.
You think you are trading, but in fact, you are giving transaction fees to the exchanges and market makers. Coins like MYX, pushing prices up is to explode shorts, pushing prices down is to explode longs, and going sideways is to eat funding rates; in any case, it’s retail investors placing orders.
The most ironic thing is that even though they know it's a trap, there are still people jumping in one after another.
It's not that they are foolish, but rather human greed—they always think they can run faster than the manipulators.
