Behind the sharp decline often lies a new round of opportunities.

In the early hours, an investor sent a message, his voice full of exhaustion: "I can't hold on anymore, only one-third of my account remains." The attached screenshot showed his leveraged position completely爆ed out during the recent downturn. Stories like this have repeated countless times this month.

Looking back at the market rhythm over the past 30 days reveals the pattern: the White House turmoil temporarily subsides, the Federal Reserve begins a rate cut cycle, and each piece of news is interpreted by the market as a signal of a sharp rise. But what’s the result? Major players have taken profits in these "good news" and retail investors have taken the last hit. This is not abnormal; it’s the market playing the same game repeatedly.

But while most scream during the sell-off, I smell a different scent amid this chaos.

**01 The Eternal Opposition Between Retail Investors and Whales**

This script plays out year after year. When Bitcoin approaches a new all-time high, large funds quietly start reducing their positions, while retail investors, driven by FOMO,疯狂补仓. Once the price drops, retail investors panic, and whales slowly scoop up at low levels. This is the oldest story in the market.

On the night the Federal Reserve signaled, how many people got up in the middle of the night to add positions and place orders? Bitcoin opened bullish but closed only slightly higher, not even earning enough to cover transaction fees. This is not an abnormal market; it’s a carefully designed emotional trap. Market panic spreads, altcoins plummet across the board, but in such times, cutting losses plays right into the hands of the main players. Calmly analyzing the situation is the key to survival.

**02 Capital Flow Reveals True Signals**

Real turning points are never announced loudly; they can be seen in the flow of funds. A key signal is emerging now: altcoins are beginning to show independence. While Bitcoin is still falling, some coins are quietly bottoming out. This is a clear sign that the market is about to reverse.