#美SEC促进加密资产创新监管框架 Holding till death guarantees victory? Common Misconceptions About Market Shakeouts

Many newcomers to the space have heard the so-called “ultimate wisdom”: When retail investors exit, prices will skyrocket. While there’s some truth to this, the real story is—big money never wanted your belief, just the chips in your hands. You think you’re a steadfast holder, but you might just be a supporting character in someone else’s script.

Let’s start with the most ruthless move: smashing psychological defenses with panic.
Crashing prices aren’t the goal—breaking confidence is. Remember when ETH dropped 60% in three months? RAY was even crazier, plunging from 5 all the way down to 0.1. Think surviving the drop means victory? The real torture is when you first despair, then see a glimmer of hope, only for it all to collapse again. The difference is, $ETH quality assets will have smart money catching the dip, but for coins with no fundamentals? If they fall, they may never come back.

Even more exhausting than a crash is the slow, grinding “boiling frog” downtrend.
Dripping a little bit each day, trading sideways until you question everything. Leveraged traders get drained by funding rates, while spot holders have their patience worn out by time. From “let me wait and see” to “forget it, I’m out,” this process harvests not your money, but your willpower. The big players know one thing best: taking away your hope is more effective than making you lose money.

Once you master the “diamond hands,” the game changes again.
You can withstand drops? Then you get wide swings instead—up 5% only to be slammed down 8%, a 10% pump followed by a full retrace. If you hold, the market grinds you until you’re numb; if you try to buy the dip, it snipes you the other way. The market is never a monastery testing faith—it’s an arena pushing human nature to the limit.

The final blow often comes from an unseen place: the war of public opinion.
The market hasn’t collapsed, but sentiment already has. Signal groups, key opinion leaders, endless “inside info”—these things amplify emotional resonance. When everyone is panic selling, you think you’re making a rational decision, but you’re just playing out the script’s final act.

The rules of this market are actually simple:
The survivors aren’t those who hold blindly, but those who understand the game. Big money profits from the script; ordinary investors can only save themselves through awareness. When you stop obsessing over candlesticks and guessing tops and bottoms, and start watching chip distribution and sentiment cycles, you transform from prey into player. $BTC $BNB