A bull market is a game of hunting
The big players are the hunters, and retail investors are the prey
First, they pump Bitcoin to activate the market
Then they pump a batch of 100X and 1000X coins on the chain to attract retail investors to enter, and when everyone has exchanged their USDT for altcoins locked on the chain, the big players' inventory on the chain is also nearly sold out.
At this point, the big players start to pump the secondary market, today this one is doubled, tomorrow that one is tripled; how can retail investors resist? They have no choice but to sell off their tokens on the chain and chase the secondary market. At this moment, the big players give you the secondary market tokens back, allowing you to return to the chain with the losses.
After the handover, the big players pump the chain again, and retail investors see that just when they sold off, it skyrocketed. In a loss of control over their emotions, they will sell off the secondary market again and go back to the chain...
After a few rounds like this,
Retail investors end up with a handful of coins,
The big players end up with a handful of USDT,
The bull market ends
