The dealer's washing of the market is never just for your few coins. $BTC
Too many people criticize the dealer as soon as there's a drop, thinking their holdings are being targeted. The truth is — the dealer doesn't have time to pay attention to your few dozen or hundred coins. They wash the market to be able to soar higher and run more steadily in the future.
Let me share an example I witnessed. There was a small coin called METIS, with an initial price of 1.2U, a small market cap, and a circulation of ten million, with sixty percent in the hands of retail investors.
A small team bought four million coins at the bottom, but they dared not push the price directly. Can you guess why? Because if they forced the price up, as soon as it hit 1.5U, early retail investors would sell off wildly, and the team wouldn't be able to handle that wave of selling pressure. In the end, they could only sing their own praises, with no one to lift them up.
So they had to wash the market, and they did it with great rhythm.
The first stage is called 'boiling frogs in warm water'.
The coin price slowly declined from 1.2U to 0.9U, with no volume and no news. Retail investors began to get restless: 'Is it dead?' 'Quick, run! Don’t let it really go to zero.' So they all cut their losses while the dealer quietly accumulated near 0.9U. $PAXG
The second stage is 'urgent drop to buy the dip'.
The coin price suddenly spiked down to 0.7U and then quickly pulled back to 0.95U. Many people thought it was the bottom and rushed in to buy the dip. As a result, the dealer smashed the price down again, breaking the previous low to hit 0.65U. Those who bought the dip were all trapped, their mentality collapsed, and they could only cut losses to exit.
The third stage is the most ruthless, called 'panic manufacturing period'.
Accompanied by FUD news, such as 'the project team withdrew the liquidity pool' and 'big investors ran away', the coin price plummeted to 0.5U. The market was filled with wails, and retail investors were completely desperate, clearing their positions in defeat. Meanwhile, the dealer was happily buying in this range.
The final step is called 'V-shaped reversal golden pit'. The dealer quickly used a small amount of capital to pull the coin price back to 1U, forming a strong bullish candle. Those who had previously cut losses didn’t dare to chase, while new entrants had their costs around 1U. $SOL
After this round of operations, the dealer's holdings increased from four million to six million coins, and the average cost was even lower. The crucial point is that the uncertain floating positions were completely cleared out, and the subsequent upward movement faced almost no selling pressure.
So you see, the true essence of washing the market is not to snatch your coins, but to 'change people' — washing out the low-cost retail investors and bringing in a batch of high-cost, stronger holders. @银满仓带单日记