2025-12-29 12:23:25

The 2025 crypto market is actually a microcosm of the global financial ecosystem. Looking ahead, this year is filled with a mix of "high certainty bets" and "instant reversals"—from Tokyo bond markets and New York credit to Istanbul foreign exchange traders, the market has delivered unexpected gains while also causing intense turbulence. Gold hit a record high, yet traditional mortgage giants' stock prices fluctuated wildly like Meme coins, and classic arbitrage trades collapsed in an instant.

Behind this is investors' frantic bets on geopolitical shifts, balance sheet expansions, and fragile market narratives. Stock markets surged, yield trading was rampant, and most crypto strategies relied heavily on leverage and expectations, lacking real fundamental support. After policy shifts, global markets first declined then rebounded, European defense stocks became hotspots, and speculators sparked wave after wave of frenzy. Some made a fortune, while others lost everything when momentum reversed and financing dried up.

For the crypto community, the core lesson of this year is straightforward: overvalued, unstable projects cannot withstand true market tests. Trend-following trades once worked but ultimately failed. As we enter 2026, these "old problems" remain something every participant should remain vigilant about.

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GraphGuru

· 3h ago

Leverage cycles eventually lead to debt repayment; I've seen too many people choose the wrong side between "fundamentals" and "narratives." --- The new high in gold seems like a victory for traditional finance, but isn't it really because crypto credit has completely shattered? --- The real lesson is not to follow the trend and chase overvalued projects, but how many people have actually changed in this round? --- So 2026 will just repeat the pitfalls of 2025, just with different targets and continued betting. --- When financing dries up, see people's true intentions clearly. Those "steadfast holders" turn around and run—laughable. --- This metaphor of the global financial microcosm is pretty accurate; everyone is relying on leverage and narratives to hold up. --- Mortgage giants swinging like Meme coins—that's spot on, indicating that traditional finance isn't stable either. --- The awake people have already pulled out; those still believing in a "policy shift" will probably have to cut losses.

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WhaleInTraining

· 10h ago

That's so true. The leverage and superficial fundamentals gameplay will eventually crash; 2025 will be a living lesson. Chasing hot trends always leads to losses; it's high time to learn from experience. Once the sentiment shifts, high-valuation projects become slaughterhouses—blood lessons learned. Only now do we realize what true fundamentals are; before that, it was all self-deception. Gold can hit new highs, but in crypto, we're just killing each other—what a irony. When financing dries up, the truth is immediately exposed—this is the fate without solid fundamentals. Many will repeat the same mistakes in 2026; those who don't learn their lessons deserve it. The moment leverage magic breaks, countless dreams instantly turn to zero—so tragic.

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LiquidatedDreams

· 10h ago

Leverage traders, suffering three major losses in 2025, still betting on a rebound in 2026 --- Here are 5 comments with different styles: 1. Sounds nice, but isn't it just gambler's mentality? We're all the same 2. Fundamentals? That's for long-term fools; in the face of market trends, it's useless 3. Those with full baskets are early investors; now it's all about the bagholders 4. The phrase "financing exhaustion" really hit home, seeing how many projects evaporate overnight 5. I personally saw the leverage explode during the arbitrage collapse, truly speechless

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NFTRegretDiary

· 10h ago

Last year's leverage explosion indeed caused many people around me to take a hit. Projects that rely solely on expectations can't really withstand the test. Honestly, the era of chasing hot trends is over; now it's all about looking at the fundamentals. Gold hitting new highs while real estate stocks are like a roller coaster... this market is truly a bit crazy. The logic of meme coins applied to traditional finance is just brilliant; everyone should reflect on this. Leverage is the most dangerous when you're feeling good.

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RektDetective

· 11h ago

Oh no, it's another year of the套路玩家被爆破的故事, nothing new The bubble built on leverage will eventually burst, just a matter of who escapes first Really, those projects with fundamentals close to the face are still raising funds, how many people will have to pay tuition again Will there be someone repeating the mistakes of 2025 in 2026? I bet five bucks Meme coins are much more honest than traditional finance, at least they don't pretend Wave after wave of hype, those who know when to exit are always the ones making money This logic is basically a game of hot potato, sooner or later someone has to take the fall

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LightningClicker

· 11h ago

The tombstone of leveraged players is engraved with new names year after year, and 2025 is no exception. It's easy to get caught up in trends, but only when the reversal happens do you realize what despair truly means. Once again, a year of high-valuation projects collapsing. Watching others bottom fish while I cut losses—this is probably the fate of retail investors. Gold hitting new highs can't save those running out of funding, how ironic. Honestly, it's the same old trick: no fundamentals, just leverage, and you deserve a margin call. Valuations supported by expectations will eventually collapse. Will 2026 continue this pattern? I've learned to be smarter. Everywhere are people crushed by reversals, including my previous account. The sudden collapse of arbitrage trades happens every year—when will we finally learn? Geopolitics, policies, and financing—three killers hitting at the same time, retail investors simply can't escape.

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DecentralizeMe

· 11h ago

That's right, leveraged players are dying really fast this year. A few friends around me have all been wiped out this way. Fundamentals are something no one cared about during the big bull market. Now we realize their importance, but it's a bit late. Another batch of retail investors has matured. Will they continue to be exploited in 2026? That's why I only watch fund markets now. When project funding dries up, I run. Overvalued projects really can't hold up. Just look at those coins claiming to revolutionize things—what are they like now? The era of trend-following is over, right? We really need to find something with substance.

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