The recent violent fluctuations in the price of Alpaca Coin $ALPACA reflect the structural dilemmas of the crypto market!! 🤯🤯💥
1. Exhaustion of liquidity in the spot market
The current market lacks a clear main theme, and old altcoins are generally facing delisting risks, with extremely low depth in spot trading. The accumulation of trapped positions has led to the withdrawal of main funds, the traditional "speculating on expectations" model has failed, and the market has fallen into a stagnant state of "no material to speculate on, no incremental funds."
2. Zero-sum game on the contract battlefield
After the retreat of spot trading, high-leverage contracts have become the main battlefield for funds. The long-short game has departed from fundamentals, evolving into a pure mutual cutting of existing funds—strong short selling will trigger counter-sniping, causing price fluctuations to be extremely amplified. In this “casino-style” game, the market resembles a “crypto version of Auschwitz,” with the only survivors being the extreme capital forces that have harvested the shorts.
3. Vicious cycle of market ecology
Low market cap coins become targets for short selling due to low pulling costs, but short selling will attract larger funds to counter-attack, forming a “long-short strangulation” deadlock.
The exhaustion of spot liquidity and the intensification of contract harvesting further lead to a collapse of market confidence, creating a deadlock of “no one picking up the hot altcoins, mainstream coins lying flat and observing!!”
Recently, I plan to ambush a potential coin that is ready to explode; doubling is still very simple, and expecting a space of over 10 times is not a problem. Interested friends can follow me, and I will share my insights 🤟🤟
