At 2 AM, the phone screen suddenly lights up in the dark, and a certain crypto community explodes with a message: 'Major good news, Wall Street is about to enter!' The previously dull group chat was instantly flooded with comments like 'all in' and 'take off'. Three hours later, Bitcoin's price shot up like a jet rocket, soaring into the sky. But when the sun rose, people found that the source of this news was merely a newly renamed Twitter account, and the current price curve had drawn a more thrilling zigzag than an electrocardiogram.
1. The 'Golden Microphone' of the Crypto World
In this jungle world without price limit restrictions, KOLs with millions of followers have become walking 'market remote controls'. They are well aware of the '3 AM sleeplessness' law— the later it gets, the more outrageous predictions they throw out. A certain prominent figure with an alligator avatar once released a smokescreen at 3 AM stating, 'A certain country is about to recognize Bitcoin as legal tender', prompting sleepy investors to complete a hundred-meter dash from their beds to trading platforms in an instant.
2. The 'Megaphone Effect' of the Community
The dissemination chain in the crypto community is akin to a modern version of 'pass the parcel': a prominent figure throws out an opinion in a private Telegram group → core fans screenshot and transfer it to a 500-member WeChat group → ordinary members reprocess and spread it to Weibo super topics → and finally, it becomes the 'insider information' overheard by a local aunt while shopping. In this process, ambiguous phrases like 'possibly' or 'perhaps' are automatically filtered out, leaving behind only the assertive 'inevitably' or 'immediately', just like every time a photocopier runs, it deepens the ink concentration.
3. The Magical Moments of Emotional Alchemy
Astute traders have long regarded (The Crowd) as bedside reading. When a certain KOL suddenly starts using terms like 'historic turning point' or 'once in a lifetime' frequently, it often indicates that a carefully orchestrated script is about to unfold. Last year, a well-known analyst flooded social media for seven consecutive days with the '70,000-dollar iron bottom theory', and while retail investors were busy leveraging to bottom-fish, the market staged a textbook-level 'pole vault'—not upwards, but crashing through the so-called 'iron bottom' downwards.
4. Survival Rules in the Fog of Information
On this battlefield where false information outnumbers cryptocurrencies, seasoned investors have developed unique skills to differentiate authenticity: if you see 'absolute insider information', first check the post time to see if it’s during the early hours in Asia; if you come across 'earth-shattering good news', you need to bypass the firewall and verify it with three overseas sources; if you hear rumors of 'certain institutions about to enter the market', directly search that institution's recruitment page—if there are no blockchain-related positions open, this news is likely to be false.
Those who understand have already liked and followed, leaving newcomers lost in the noise. I trade coins based on first principles; see you next time!
(Note: This article does not constitute investment advice. The market carries risks, and decisions should be made cautiously.)