Recently, a large number of platforms have listed this kind of asset. Early on, the market was hot—anyone could enter and still capture the upside. At first, people still had doubts; all kinds of positive news rumors kept fermenting, prices kept being driven higher. Slowly, everyone came to believe the rally would keep charging upward, and that’s when the trap arrived.

At present, the overall market is in a bear phase. Many people have already positioned in crypto spot; some are only lightly trapped, while more have been waiting to add at the bottom. Bear-market price action is relentlessly grinding—ranging back and forth, wearing everyone down with prolonged sideways movement that drains patience.

Just when everyone’s mindset is on the verge of breaking, the profit-making effect in the US stock market and the Korean stock market appears, as if they’ve found a new way out. Many people, even at the cost of pain, sell their crypto holdings and push all the capital they had prepared to stake on the bear-market bottom into these new trades, convinced that a new round of行情 is about to start.

But as everyone can see, the outcome is the same as well. Korean stocks trigger a circuit breaker, and the US stock market turns and declines. After the funds get trapped, regretting it comes too late.

Large capital takes the opportunity to finish the harvest. Once market sentiment has burned off, the bear-market bottom in the crypto market quietly arrives. Meanwhile, the main players hold cash and calmly buy the dip, while ordinary investors’ funds are already stuck in the external market, watching helplessly as they miss a good opportunity to position.

Take SNDK as an example. After listing, it was driven up from 500 to 2400 in a straight line. Countless people followed in. Now it has fallen back to 1000, leaving many traders deeply trapped. By the time the crypto market’s true bottom finally comes, you have already run out of bullets.

After a full bull-bear cycle ends, others set up positions low and wait for the bull market to explode, while you’re left with funds trapped—loop after loop.

Bear markets are generally quiet. If you encounter a continuously hot popular track, you must stay highly alert. This is very likely a trap set by the main players to siphon off your chips.

When this kind of行情 appears, the bear-market bottom is usually not far off.