2026-01-01 15:25:12

In the past two days, the crypto world has once again learned a lesson. Bitcoin surged to nearly $90,000, and the market heat instantly skyrocketed; then without giving any reaction time, it plummeted straight down to over $86,000. At first glance, it seemed like just a normal correction, but suddenly, the hourly chart spiked, and the price was hammered down hard, only to bounce back to around $87,000 in the blink of an eye.

Strangely, the price came back, but the accounts didn't. Stop-losses were triggered, and liquidations followed. Those who chased high were swept out, and those bottom-fishing at low levels were caught off guard.

Then the familiar lines appeared again—market manipulation, market control, the crypto world is always unfair. The reason these explanations are so easily accepted each time isn't because they're necessarily true, but because they hit emotional triggers.

Imagine that moment: your judgment is instantly overturned, your positions vanish, and the market moves on as if nothing happened. Human instinct is to find a "scapegoat," an enemy to point fingers at.

The word "whale" perfectly fills this psychological gap. It gives failure an object, and chaos a logic.

But here’s a thorny issue: this kind of explanation only serves as a post-hoc rationalization, and is useless for pre-trade decision-making. You can't figure out who the whale is, when they will strike, or if they will come again next time. Once you buy into this narrative, trading becomes even more stressful—because you're always in a game you can't see clearly.

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GasFeeSobber

· 7h ago

Ah, I told you, the real problem isn't the market manipulators, it's that you haven't set stop-losses or risk controls. Those who get liquidated are all greedy; wake up. Instead of blaming others, learn to trade with small positions; that's the way to survive. Always shouting about unfairness, why not ask yourself if you're brave enough to admit losses? The biggest scam in the crypto world is that voice in your head, listen to me. If your mindset is shattered, don't trade anymore; wait and see. This correction was obvious long ago, the question is, do you dare to short? Haha

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MagicBean

· 01-03 06:17

The price is back, but the account hasn't returned. This really hits home. --- Starting to shift blame to the market makers again. When others make money, why don't they say the market is fair? --- Can't figure out who the market makers are. If they come again next time, that's probably why I'm always anxious. --- I've seen too many tricks like inserting needles and smashing the market, but in the end, it's just that I set my stop-loss too tight. --- Instead of waiting for the market makers to make a move, it's better to ask yourself how well your risk control is doing. --- Ah, chasing longs at high levels and bottom-fishing at low levels, and still not surviving—truly the end. --- Finding someone to shift the blame onto is really much more comfortable, much easier than reflecting on oneself. --- It's just a game of luck in a situation where you can't see clearly. --- When stop-loss triggers a margin call, blaming anyone is useless. --- Listening to the market makers' rhetoric for too long—whether it's real manipulation or just psychological effects.

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OnChainArchaeologist

· 01-03 04:42

The price is back, but the account hasn't recovered. This sentence is really on point—it's always like this. Stop-loss is gone, and so is the position. Nothing can be changed even if you blame the market maker. Instead of blaming others, it's better to think about what you did wrong. I've truly learned something from this round. Next time, I need to be more cautious.

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MevShadowranger

· 01-01 15:54

The price is back but the account hasn't recovered—that's a killer line, straight to the point. Honestly, people shouting about the whales every day are just avoiding their own bad decisions, looking for a scapegoat to vent. Bottom fishing? Chasing longs at high levels? Haha, those who can't react are all the same. Instead of blaming heaven and earth, it's better to think about whether your stop-loss points are set correctly. Always blaming the whales like this, next time you'll get swept again—serves you right. Market manipulation like "pin insertion" is just routine operation, not some conspiracy, it's just that most people can't handle this volatility. I actually think this article is quite clear-headed, laying out human nature very plainly. When stop-loss triggers a margin call, what does that mean? It means your risk control is just for show. This "unclear game" is actually an opportunity to make money, not a risk. And now they're blaming market manipulation again—how interesting, if you didn't do well, it's the market's fault.

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TeaTimeTrader

· 01-01 15:44

Is this again? Blame the market maker instead of yourself for not setting a stop-loss, buddy. Honestly, it's a mindset issue; you just want to find a scapegoat for your losses. This wave was indeed fierce, but after repeatedly watching the pullback from 90,000 to 86,000, those who should have sold already did. Those liquidated are probably still hoping for a turnaround, but the market continues to be ruthless. Stop blaming the market maker all the time; first ask yourself if your position size is appropriate. I've seen many instances of price spikes breaking through support; if you can't dodge it, you can only accept the loss. Honestly, if your stop-loss was set properly, this wave wouldn't have hurt many people.

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PessimisticLayer

· 01-01 15:37

Basically, it's blaming the market for not setting stop-losses properly. I'm tired of hearing this kind of talk. Why didn't you do something earlier when your stop-loss was hit and your position was pierced? I really don't understand. Market makers harvesting? Bro, let's first figure out what caused your losses. There's always someone bottom-fishing and someone chasing highs. That's just how the market is. Who should we blame? It's really just gambler's mentality—refusing to admit defeat after losing.

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SleepTrader

· 01-01 15:37

Ah, once again the market was smashed down, really breaking my mindset. To be honest, the term "market maker" is just used as self-comfort. Anyway, if you lose money, you need to find a reason, right? Rather than blaming the market maker, it's better to ask yourself why you keep chasing at high levels.

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MidnightTrader

· 01-01 15:36

Starting to shift the blame to the market maker again, can you first reflect on your own stop-loss position?

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