The secondary market is being hard-controlled and standardized by the United States to transform into "Wall Street's playground." The real opportunities in Web3 seem to be increasingly like returning to the primary market—the place where the rules at least can still be seen.

Retail investors in the secondary market? Always the last to know the script in the plot.

You think you're trading coins, but in fact, you're just a liquidity patch for the big players.

In the primary market, we at least know:

Top ten holders' share

The extent of big players' control

The risks of insider trading

But what about the secondary market?

Strongly controlled coins are everywhere, and insider trading is as pervasive as the air.

The fate of most retail investors:

Frequent trading → Going to zero

Hoping to get rich → A single leveraged liquidation returns to the market

Missing out on gains, fully experiencing losses

The 1011 incident made it clearer:

Retail investors and even small institutions cannot even be considered "counterparties" in front of the big players; they are just lambs to the slaughter.

Where is the game here? This is a dimensional slaughter.

What's harsher is that the United States is now promoting crypto taxes globally.

This wave of selling is essentially about:

Asian people freely trading chips → Chips clearing → The prelude to Wall Street taking over BTC.

The rhythm in the future will turn into:

Bitcoin = Wall Street's home ground

Institutional bull markets are not retail bull markets

Web3 bull markets ≠ Retail bull markets

In the future, Web3 will become increasingly institutionalized.

The only path for retail investors to survive is:

Stay away from random gambling and embrace certain structures.

The primary market is the closest place for ordinary people to get rich.

Hitting dogs is not gambling; it's a game of information disparity.

Master the methods, train your own trading patterns, and you can catch your own single coin A7 dog!