2026-01-08 17:29:05

Looking at this phenomenon is quite interesting.

During a bull market, you open your social circle, and everyone is confidently analyzing the market, seemingly professional analysts. But when the bear market comes? It turns into "My friend said" or "I heard that certain project is doing well."

In fact, the real difference lies not in whether you can buy or sell. The key is whether you can access firsthand information. Those who are able to enter this "first layer" have long stopped bragging in social circles.

In the primary market, the rules in the past were too vague—who is fundraising, how is the allocation, and why you are not getting a share. This information is scattered everywhere, relying on screenshots and personal connections. The entire ecosystem looks like a social gathering.

What is needed now? Tools that can turn this game into a truly rule-based system. Make information transparent, so everyone can see the full picture of fundraising.

Instead of continuing to rely on screenshots for review, it's time to upgrade your tools and cognition.

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SignatureLiquidator

· 01-11 01:01

The "Friend Circle Analyst" meme is really spot on; a single bear market exposes people's true colors.

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MetaverseLandlord

· 01-10 17:40

Really, that's how the people in my social circle are—when the market is good, they boast wildly; when it drops, they play dead haha

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Layer2Arbitrageur

· 01-09 09:43

lol the "my friend told me" energy hits different in bear markets... anyway, information asymmetry is literally just MEV with extra steps. if you're not scraping primary market data in real-time, you're already ngmi.

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LiquidityHunter

· 01-08 17:58

Really, those self-media analysts on social media reveal their true colors during a bear market. It cracks me up.

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ponzi_poet

· 01-08 17:56

That's true, but when will this set of transparent tools actually be put into use?

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governance_ghost

· 01-08 17:55

Really, the hype men in the bull market turn into scapegoats in the bear market, and it's obvious at a glance. The information barrier in the primary market is so high, essentially relying on relationships to get by, which is just ridiculous.

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GateUser-c799715c

· 01-08 17:55

Bull market hype, bear market blame-shifting, this routine really never goes out of style.

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DarkPoolWatcher

· 01-08 17:54

Basically, it's just information asymmetry. Those who have firsthand information have already jumped on board.

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GoldDiggerDuck

· 01-08 17:30

Really, what happened to those "analysts" during the bull market, it's hilarious

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InscriptionGriller

· 01-08 17:29

Basically, it's a game of information asymmetry between retail investors and big players. When the bear market arrives, the true nature is exposed. After so many rounds of cutting, those who truly make money are the ones who have access to insider information; everyone else is just a bystander. The black box of the primary market should have been broken open long ago, but even if it is, we retail investors might not get a chance to benefit.

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