Investors who have long been immersed in the cryptocurrency field often come to realize a sobering fact: the core of profit for market leaders is not complex technical analysis, but a profound understanding and exploitation of human nature. They do not compete with ordinary investors in terms of technical indicators or analytical abilities, but focus on leveraging people's inner greed and fear. When investors hold onto hope, they provide timely encouragement; when panic spreads, they strike mercilessly. In the end, many investors suffer heavy losses, mistakenly believing it is due to their lack of analytical ability. In reality, victory and defeat have long been decided on a psychological level, rather than merely depending on market trends.

Let’s illustrate this with a real case. In November last year, Ethereum (ETH) experienced a significant surge, rising from $4200 to $4800. At that time, the market was filled with optimism, and many anticipated it would break the $5000 mark. A novice investor named Xiao Li had originally invested only 20,000 yuan, but seeing those around him making fortunes daily, his greed swelled, and he invested all of the 150,000 yuan he had originally planned to use for buying a house, even activating 3x leverage.

However, the market is changing rapidly. Just three days later, the price of ETH fell back to $4500. Xiao Li began to feel uneasy and asked whether he should exit. At this time, the so-called 'investment advisor' claimed that this was just a short-term adjustment, insisting that holding on would bring substantial returns. This is precisely the 'hope' meticulously designed by market leaders, specifically to comfort and entice those investors caught in greed.

When ETH further dropped to $4200, Xiao Li's account had already incurred a floating loss of 50,000 yuan. This experience is not just an isolated case; it represents a common psychological game in the encryption currency market. Investors need to realize that behind market fluctuations often lie precise exploitations of human weaknesses. Maintaining rationality, controlling emotions, and managing risks are the keys to standing firm in this highly speculative market.