The cryptocurrency world has never lacked stories, but the most thrilling scripts are always the cat-and-mouse game between market makers and retail investors. Today, we won't discuss the myth of getting rich quickly, but rather dissect the 'legal magic' hidden behind the candlesticks — after all, in the crypto world, the market maker's harvesting scythe is a hundred times sharper than in traditional markets.
1. Accumulation: When the market falls into a 'ghost story' loop.
Imagine a mining pool suddenly losing power in the middle of the night, or screenshots of abnormal transfers from a certain exchange's wallet address going viral. Market makers are best at creating 'zero panic' at the end of a bear market. At this moment, you will notice: even though the project team is still updating code on Twitter, the community administrators are collectively silent, and the price crashes through all support levels like free fall.
Retail investors' psychological defenses often collapse at this time, unaware that these 'black swan' events are merely self-directed midnight theater by market makers. When the market is filled with rumors of 'project exits' and 'heavy regulatory blows,' the true hunters are quietly using algorithmic trading to silently consume every panic sell order.
2. Rising: A meticulously orchestrated 'technical frenzy.'
When market makers have had their fill, the real performance is just beginning. On an unremarkable Tuesday midnight, the price suddenly rises 15% like a bamboo shoot after rain, and the community instantly erupts with 'whale entering' and 'strategic cooperation announcement' 'insider news.' The candlestick chart at this time can be considered performance art:
Whenever you think a correction is coming, the price always bounces precisely at key moving averages.
When breaking through previous highs, it must be accompanied by 'huge trading volume,' although this volume may come from the market maker's left hand to right hand trades.
Social media suddenly sees dozens of 'technical analysis experts' emerging, using the Fibonacci sequence to prove that the current situation is just the starting point of a bull market.
The most wonderful part is that market makers do not even need real money to pump prices. In the thin liquidity of the altcoin market, simply dropping a few large coins into the liquidity pool of decentralized exchanges can make the price curve perform 'helicopter mode.'
3. Selling: An 'elegant curtain call' amidst the frenzy of the entire network.
As the retail investors immerse themselves in the fantasy of 'hundredfold coins,' the market makers have long activated the 'automated harvesting program.' At this moment, you will witness the most exquisite psychological manipulation in contemporary financial history:
1. The price creates a textbook-like 'horizontal consolidation' at a high level, quickly pulling back every time it drops, creating the illusion that 'it can't go down.'
2. The project team's Twitter begins to frequently update 'ecological progress,' in conjunction with live broadcasts from overseas KOLs.
3. The exchange suddenly launches leveraged trading, prompting greedy gamblers to actively increase their stakes.
The real killer move is often hidden at the moment when 'good news is realized.' When everyone thinks the second wave of the main rise is about to start, on-chain data shows that the market maker's address is transferring large amounts to the exchange. At this point, the price may still rise due to inertia, but this is merely a 'firework egg' set by the market maker in the trading bot — just to let the last batch of investors die a glorious death.
Those who understand have already liked and followed, allowing newcomers to continue to get lost in the noise. I am trading coins based on first principles, see you next time!
(Note: This article does not constitute investment advice, the market has risks, and decisions should be made cautiously.)