2025-12-23 03:23:19

2025 is a bit strange. Bitcoin has been hitting new highs repeatedly, but by October and November, market sentiment suddenly wilted; this kind of contrast is indeed rare in history.

If you think about the reasons carefully, it’s actually not hard to understand: this wave of increase is mainly driven by institutions and passive funds, and the profit effect for retail investors hasn't really spread. The expectations of halving, interest rate cuts, and spot ETFs have long been digested, and when they are actually realized, there aren’t really any surprises. Furthermore, the "lessons" from the high leverage of the past two years are still fresh in mind, and even if people are bullish, they don’t dare to charge in confidently.

By 2026, my judgment is that this will be a year of highly differentiated markets. Those who understand risk control and grasp the rhythm well will gradually widen the gap with others. Meanwhile, those who trade based on feelings without a system will only be consumed by repeated washouts.

My own goals are very clear - it's not about betting on direction or chasing trends, but rather to firmly control drawdowns, maintain participation, and continuously iterate on myself. As long as I'm still sitting at the table, when the real emotional cycle arrives, the opportunity will be mine.

BTC-0,73%

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WenMoon

· 2025-12-24 21:19

This wave of institutional hype while retail investors are still asleep, no wonder October was so brutal. Who dares to follow the profitless effect?

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NftRegretMachine

· 2025-12-24 15:40

Retail investors are still waiting for profit effects, while institutions have already popped the champagne. --- In other words, the entire expectation has been exhausted, and now there's no story to tell. --- Talking about risk control is easy, but very few can truly stick to it. --- The 2026 divergence trend sounds like a big show prepared for the chives. --- The shadow of high leverage is still there, and I choose to endure it, which is quite comfortable. --- Sitting at the card table, this phrase is quite harsh. --- Institutional push is just like that, retail investors take the bait and it's done. --- For traders, don't just say 2026, they've already exited long ago. --- Drawdown control sounds dull, but it's really more reassuring than chasing limit-ups. --- The big emotional reversal in October and November, I really didn't see it coming. --- Not betting on the direction sounds simple, but when it comes to actual execution, it tests human nature.

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GoldDiggerDuck

· 2025-12-23 03:55

Retail investors are used to being played for suckers, and now they are timid even when bullish; this is the true portrayal.

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ChainSauceMaster

· 2025-12-23 03:53

This wave is indeed a feast for institutions, while retail investors are left on the sidelines watching the news --- Still the same saying, as long as you are alive, there is an opportunity; losing in leverage is the real loss --- Expectations are overspent in advance, and in the last mile, no one dares to take on the risk --- Is the differentiation in 2026 so severe? It feels like a Whipsaw, Whipsaw, and more Whipsaw --- Risk control is the top priority, this is not wrong, everything else is just floating clouds --- Once you see through this logic, it’s not easy to be played for suckers --- Retail investors have to wait for the next emotional cycle; there really is no sense of participation right now.

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MetaverseMigrant

· 2025-12-23 03:50

Institutions lift the bar, retail investors miss gains, it's the old routine. --- There's no denying it, this year is a test of mentality, and very few will survive. --- Risk control sounds easy to say, but those who can truly adhere to it are rare. --- Waiting for the next emotional cycle? It seems we’ll have to wait quite a while; the market doesn’t turn that quickly. --- It feels like your strategy is just a steady way of taking risks, not chasing the price or buying the dip, and indeed you’ve lasted longer than most. --- Retail investors have to withdraw before the Money Effect spreads, that judgment hits hard. --- Passive funds push prices up, active funds push prices down, and in between are us onlookers. --- Sitting at the poker table, this phrase sounds like a gambler's self-comfort. --- The 2026 differentiation market, to put it bluntly, means the strong get stronger while the weak continue to lose.

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WhaleShadow

· 2025-12-23 03:34

To be honest, this wave of market trends is just a game where institutions are playing people for suckers, and retail investors haven't even tasted the soup. Honestly, risk control is the only rule for survival; those who go all in will eventually have to pay tuition fees. I agree with the differentiation in 2026; those who can hold on will make money, while those who can't will go bankrupt, it's that simple. Expectations have all been eaten away in advance, this is called "Favourable Information turning into Unfavourable Information", an old trick. No system, just relying on feelings? Then wait to be harvested repeatedly; it’s a form of self-punishment. I agree with the card table theory; the key is to endure until the real cycle arrives, most people die before dawn. It feels like the author has been washed into questioning life, haha.

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