When a certain token suddenly surges 300% without warning, the K-line chart shows an almost vertical steep curve, veteran players in the crypto circle collectively gasp — that method of "blind pulling" that people both hate and fear is making a comeback. This kind of frenzied surge that ignores fundamentals and news seems absurd, yet it always manages to accurately harvest wave after wave of those chasing the rise.

1. "Blind Pull" Trick: Creating deadly traps using emotions

In the crypto market, "blind pulling" is not a joke, but a carefully designed harvesting technique. Manipulators typically use three main tactics:


  1. Ignoring fundamentals: Regardless of the project's technical progress or team dynamics, directly pulling up prices violently creates a wealth effect;

  2. Emotional bombardment: Creating momentum through community hype and KOLs, igniting FOMO (fear of missing out) emotions in a very short time;

  3. Surprise surge: Using the advantage of low circulating chips, suddenly raising the price by 50%-200%, leaving retail investors unable to react in time.


Data from a certain decentralized exchange shows that among tokens that have surged recently, 70% have a turnover rate of less than 10% and exhibit price-volume divergence. This unhealthy rise is essentially a "man-made bull market" created by manipulators using their financial advantage.

2. Why do retail investors repeatedly fall into the trap? The deadly temptation of cognitive blind spots

In the face of these obvious signs of manipulation, why are there always people willing to take risks? The trap of psychological games has long been set:


  • Survivorship bias: The cases of a few profit-making chasers are exaggerated, leading more people to develop the illusion that "this time I can escape at the top";

  • Information cocoon: The overwhelming bullish commentary within the community causes investors to ignore risks and fall into collective irrationality;

  • Fantasy of getting rich: Under the brainwashing of wealth creation myths in the crypto circle, many hope to seize an opportunity to achieve financial freedom.


A certain veteran retail investor admits: "Seeing the price shoot up, my hands acted faster than my brain, and by the time I reacted, I was already stuck at the top."

3. Warning signs: How to identify the "blind pull" trap?

In this dangerous game, the key to staying clear-headed is to identify three major warning signs:


  1. Divergence between price and volume: Prices soar but trading volume is sluggish, indicating a lack of real buying support;

  2. Low turnover rate: Chips concentrated in the hands of a few, which may trigger a sell-off at any time;

  3. No news-driven: Sudden price surges without substantial positive news are likely to be manipulated.


A certain blockchain security team warns: "The average crash cycle of this type of token does not exceed 72 hours, and those who chase the rise often lose everything."

4. Way to break the deadlock: Refuse temptation, protect your capital

In the crazy wave of "blind pulling", the real winners are always those who restrain their greed. Remember:


  • Do not participate in speculation without fundamental support: No matter how tempting the rise, without value support, it is just a house of cards;

  • Stay away from high-emotion projects: When the community falls into collective euphoria, it is often the most risky moment;

  • Strict stop-loss: If you accidentally chase the rise, set a stop-loss line and cut losses in time.


In this zero-sum game of the crypto circle, what is more important than making money is not being harvested. Those seemingly mad "blind pull" markets will ultimately reveal the truth when the tide recedes — and you, are you willing to be the one swimming naked?

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