The essence of the market is "liquidity plunder," and retail investors are the only fuel. Who is actually harvesting?

Exchange perspective: They only need transaction fees, clearing leverage, listing fees, and capital accumulation. They do not care about the rise and fall of coin prices, only about volatility and trading frequency. Every action taken by retail investors is like providing blood transfusions to the exchange. Protecting users is essentially about ensuring that gamblers do not lose their funds too quickly, so they can continue to contribute transaction fees in the long run.

Project perspective: Cost chip realization, market value management, unlocking cashing out. The ultimate goal is to exchange the "air" in hand for the "real money" in the hands of retail investors. Retail investors need to take over to complete the commercial closed loop.

Market/market maker perspective: Bid-ask spread, creating liquidity traps, guiding emotions. They use algorithms and capital advantages to hunt retail investors' stop-loss points. The charts we see are often the "emotional traps" drawn by market makers.

You and I, traders - trading participants - the trading community are essentially all sheep.

1. Real institutional traders possess: millisecond-level APIs, insider information, unlimited bullets, and hedging tools.

2. So-called retail traders possess: delayed market software, lagging news, limited capital, and emotional decision-making.

3. The conclusion is that without information and capital advantages, individual traders are merely predicting the bets of larger gamblers.

The essence of the trading community is that it has a herd effect; the community often serves as an emotional amplifier and a reservoir for taking over. When the community is all shouting orders, it is often the best time for the main forces to sell off.

Do not treat the community as a safe haven for warmth, but this sense of security is precisely what is needed during harvesting - herding the flock together for an easy catch. Besides b/e/s, the essence of shouting counterfeit orders is to act as the sales agent for the project party, rather than an ally of retail investors.