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In the Digital Money market, many investors often fall into a misconception: that the more people buy a certain coin, the easier its price will rise. However, the reality is quite the opposite.
As an experienced investor, I am well aware of the internal logic of major players' operations. When I hold large positions in altcoins, I never publicly encourage others to follow suit. This is because, for major players, the lower the cost, the better, and the capital cost is also lower. Therefore, when more people buy, major players actually have more room to continuously push down the price.
Imagine if the main force really wants the price to rise, why would they constantly encourage others to buy in? Do they really intend to sell all their chips to retail investors? Even in an extreme case, assuming there are a lot of well-funded but judgment-lacking investors willing to take over, the main force would sell everything without hesitation and then move on to the next project, instead of wasting time in the same place.
A key signal is: if during a long buying process, the price consistently fails to rise, it usually means that the main force is gradually offloading. Worse still, once retail investors have taken over all the chips, there often won't be anyone to 'rescue the market'.
In fact, the more coins retail investors buy, the less likely the major players are to pump the market; instead, they will choose to continue suppressing the price. We should not confuse cause and effect: it is only when the major players have concentrated their chips and the selling pressure has decreased that they will consider pumping. If the selling pressure remains strong, then continuing to suppress is the wise move.
The candlestick chart we see is actually carefully crafted by the main forces. The market does not always rise after a drop; on the contrary, the more people buy in, the harder it becomes for the price to rise. This is the harsh reality of the altcoin market.
As investors, we need to be aware of this and avoid blindly following trends, instead we should analyze market movements more rationally and make wise investment decisions.