Yesterday, my friend used 10x leverage to trade a popular coin. Before opening the position, he confidently said: This wave is definitely going to soar; after opening the position, the coin price just pulled a big bullish candle, he chased in, and ten minutes later it crashed, wiping out his position.

"I clearly saw the right direction, why did I still fail?"

I replied to him: You entered not the market, but the trap set by the whales.

Many people get liquidated for no other reason than not seeing through their opponent's tricks. Many people fail in the so-called 'understanding K-lines', but fail to realize that the whales across from them understand human nature better than they do.

The following are the most commonly used tricks by whales to liquidate people nowadays:

🔹 False Breakout to Lure Buyers

Break through key levels, attract buyers, then immediately crash the market, breaking the original support. No volume on the breakout = 80% false move!

🔹 Accumulation in Consolidation → Crash to Harvest

Long periods of sideways movement make you lose patience; when it rises, you chase, when it crashes, you collapse, instantly harvesting your capital + confidence.

🔹 Reverse Explosion to Kill Both Sides

First blow out the short stop losses, then counterattack the longs to blow them out, killing both sides + collecting fees, making a killing in one go.

🔹 On-chain Drama to Create FOMO

Transfer a few transactions to 'whale addresses buying in', create a hot contract to deploy a false impression, making you mistakenly believe 'the main force is entering', when in fact they are offloading at a high.

🔹 Low Volatility Consolidation to Wear Down Willpower

The coin price neither rises nor falls, repeatedly selling high and buying low, eroding your capital in the order book where you can't see.

🔹 Shadow Spike to Exploit Leverage

Contract prices far from spot prices, one spike wipes out the entire market, not even giving a rebound, directly liquidating.

How do they liquidate? The core is three moves:

Create illusions (price, news, emotion)

Utilize psychology (greed, fear, FOMO)

Precise control of rhythm (breakout, spike, consolidation, counterattack)

So, remember this saying:

A true expert does not see how accurately they can predict, but how many pitfalls they can avoid. Don't go all in, don't chase highs, don't listen to the wind and act; if you don't understand, it's better to miss out than to rush blindly.

The market seems like a technical battle, but in reality, it's a psychological war. What you see are K-lines, but what they play is the rhythm of your heartbeat. Don't be deceived by the hype; that might just be the fireworks of the whales exiting.

I am Uncle Nan, using the pits I have stepped in to help you avoid detours.

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