#美联储回购协议计划 Early in the morning, I watched a friend forcefully jump into a hot coin, using 10x leverage, acting very aggressively.

As soon as he opened a position, a big bearish candle immediately appeared. He got excited instead: "This wave is definitely going to take off!"
But what happened? A crash, a surge, and his account was wiped out.
He asked me in despair: "I saw the market trend correctly, so why did I get liquidated?"
I told him one thing: "You think you're trading in the market, but actually you're participating in a pre-arranged game."

To be honest, many people fall because they lose to their greed and fear—not because of the K-line. The market makers understand these two emotions much better than you do.

They study indicators, analyze charts, calculate support and resistance, but in the end, they find it useless. Market makers don’t rely on technicals; they play with human nature.

Let me break down some of the most common trap methods:

**Fake Breakout Rally**—When breaking key levels without volume support, it’s probably a bait. They first push through resistance to attract more buyers, then suddenly hit you with a sharp drop, breaking support. All those who chased in get caught on the other side.

**Consolidation and then Crash**—Prolonged sideways movement wears down your patience. They push a small wave to make you think it’s starting, then turn around and smash it down. You cut losses and run, while the market maker accumulates at the low.

**Two-way Liquidation**—First, they trigger stop-losses on short positions, then turn around and kill the longs. One short and one long, both get liquidated, and they also collect fees.

**On-chain Hype Creation**—Fake whales entering, large transfers creating buzz. You see the hype and rush in. They’ve already planned it, and take profits during this hot moment.

**Low-level Sideways Drain**—The price stays still, looking calm. But in reality, market makers are buying low and selling high at the order book, gradually eroding your principal and mental state.

**Contract Needle Sweep**—The contract price diverges from the spot price. A single spike sweeps away all stop-loss orders. Before you realize, your position is already gone.

Their routines always follow these three steps: create illusions, bait human emotions, and control the rhythm.

On the surface, it looks like technical competition, but essentially it’s a psychological war. While you’re watching the K-line, they’re watching your reactions. When the hype is at its peak, that’s often when the market makers slip away.

So, instead of just learning to read charts, it’s better to learn to see the bigger picture.