In the Crypto Assets market, the real skill is not simply raising prices, but finding people willing to catch a falling knife. This insight comes from my observation of a certain low market capitalization Token last year.

In the early stages, this Token fluctuated around $1.2. Although retail investors were expecting a rise, the operators repeatedly pushed the price down to $0.9 for three consecutive days. An investor reluctantly sold at a loss and lamented, 'Not being able to hold on, minimizing losses is a victory.' This scene reminds me of retail promotion strategies—first significantly lowering prices to attract attention, then gradually adjusting back.

As expected, a week later, the price of the Token slowly climbed to $1.6. Early exit investors regretted their decision, while the persistent retail investors began to consider taking profits. Interestingly, new investors believed this was just the beginning of the rise and continued to buy in the range of $1.7 to $1.9.

This scenario is very similar to retail inventory clearance. First, eliminate hesitant small customers, and then attract strong large customers to catch a falling knife, without the need to deliberately seek a 'white knight'.

I gradually realized that the so-called 'washing the plate' is not for acquiring cheap chips, but for building a 'catch a falling knife' team. Just like I wouldn't clear out inventory all at once during a seasonal sale, but instead attract different levels of customers by adjusting prices in batches, which can both clean up inventory and maintain price stability.

In the Crypto Assets market, if the operator directly raises the price, the chips may be locked by retail investors, making it difficult to sell even if the price doubles. When the upward momentum runs out and retail investors concentrate on selling, the operator will have to buy back at a high price, which is undoubtedly self-destructive.

When the Token surged to $2.1 last time, the operators did not wait for the peak but bought and sold simultaneously with every small breakout, allowing a continuous influx of follow-up orders. This is similar to a wholesale business, where profits come from ongoing transactions rather than a single large order.

Now looking at the volatility of the crypto assets market, I often think of inventory management - raising prices is like putting products on the shelves, while flushing the market is making customers willingly purchase.

A true expert is not determined by how high they can drive up the price, but by who will catch a falling knife. This insight is far more critical than mere price manipulation.