Many people have an overly simplistic mindset when trading certain cryptocurrencies. They always think that if the market maker pulls up the price and no one steps in, they will get trapped. This is simply too naive in the crypto market. In this circle, capital concentration and control are standard operations—market makers never rely on spot trading, but instead use derivatives as their tool to harvest profits. How many days can you withstand a 1 to 2 percent funding rate? Bull and bear explosions are more common than you think.

Many still focus on the limited trading volume in the spot pool, fantasizing that market makers profit from the spot side. Little do they realize that such phenomena usually occur only at the end of a trend. As for the idea that betting on a rise will inevitably lead to a fall? In a carefully controlled market, price movements are not decided by retail investors at all. If you still cling to the single-threaded logic of "there will always be a downturn," then the game is already against you from the moment you enter.

To survive longer in this market, you must first recognize the reality—control and manipulation are real, funding fees are costs, and risks are always present. Rational assessment is the key to survival; naive gambling mentalities will only accelerate your exit.