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The market software just refreshed, and prices are soaring straight up. This wave of market movement has indeed attracted many people. Some partners see the candlestick charts and want to jump in to buy the dip, thinking that doubling their money is just around the corner. But I have to be honest—this might actually be a trap.
Having traded for 8 years, I’ve seen too many such routines. This kind of rapid surge has a common characteristic: the speed is unreasonably fast. Why? Because it’s a typical "short squeeze" manipulation. The principle is simple—whales push the price up quickly, partly to scare short-sellers into closing their positions and admitting defeat, and partly to lure high-position buyers with the psychological hint of "missed the boat if you don’t buy now." The result is greedy retail traders rushing in with high-cost long positions.
Where is the most dangerous point in this process? It’s on the night before the settlement. Think about it—whales go to such lengths to push the price up, not out of kindness. What are they waiting for? The final moments before settlement. At that point, they will directly dump the market, pushing the price down or even manipulating the settlement price. Those holding long positions are either forced to cut losses or endure until their psychology collapses. Those trying to buy the dip are even worse off—they get caught deep and can’t react in time.
This kind of routine happens every year, and every time someone falls for it. So this time, I’ll say it upfront: those holding long positions should cut losses and exit while there’s still a chance; those still wanting to trade against the trend should stay calm, observe first, and wait until after the settlement to assess the situation. There are plenty of opportunities in the market; there’s no need to jump in on this wave. Remember, only by staying alive and exiting can you wait for the next real opportunity.