Cryptocurrency circles are heating up again recently. The London Stock Exchange is launching blockchain settlement, daily trading volume in prediction markets has exceeded $700 million, Wall Street is hiring traders with a $200,000 annual salary, and Vietnam’s USDT payment success rate is 97%... These news items are bombarding the market one after another, prompting many retail investors to eagerly try to buy the dip.

But behind this wave of enthusiasm, the water might be deeper than you think. The hotter the market gets, the easier it is to fall into traps.

**First Trap: "Entry" into the Stock Exchange ≠ Industry Legitimization**

The London Stock Exchange’s digital asset settlement has been seen by many as a sign of "traditional finance accepting crypto." Institutional concept coins are rising in value, and retail investors are following suit. The problem is, this is not a sign of approval, but rather traditional finance sensing that the existing competition is insufficient and turning to seize a share of the crypto market.

In other words, they’re not bullish on crypto; they need new growth points. The rules are set by them, and the market remains their main arena. Retail investors in this pattern are always passive players.

**Risk Reminder**

It must be clarified here: the risks in the cryptocurrency market far surpass those in traditional finance. Price surges and crashes are normal; 99% of those chasing high prices will get trapped. Irrational operations will only make you a sacrifice in the market. The principle of bearing responsibility for gains and losses and risk is not empty talk; every participant must understand this bottom line.

The information gap, tool gap, and capital difference between retail investors and institutions determine the inherent inequality in this game. The higher the enthusiasm, the more vigilant you should be about whether someone is laying out a trap behind the scenes. Every decision could impact your principal, so think twice before acting.