#美联储降息 The two market signals that retail investors most easily overlook often determine whether you profit or get caught holding the bag.

**First Signal: The Strange Tug-of-War in the High-Price Zone**

The market surges from the bottom, looking vigorous, but once it reaches a high level, it begins to fluctuate repeatedly—rising in the morning, dropping in the afternoon; then being pulled back up the next day. You might think institutional funds are stepping in to support the price, but in reality, this is a typical "chip transfer window."

The difficulty for large funds to unload their positions lies here: they can't sell all at once (which would crash the market), so they must do it in batches. Their strategy is simple—create illusions through repeated volatility. They scare retail investors with dips, then lure them back in with rises; each oscillation is an opportunity for them to offload chips. The more retail investors are shaken out, the more they believe big funds are backing the move, leading to successive increases in their positions.

It's like a performance: rhythm, intensity, timing—all carefully designed. The dip is a show, the strong pull-up is also a show.

**Second Signal: The Most Beautiful Time at the Top Is the Most Dangerous**

"The higher it goes, the stronger it gets"—this is the market paradox.

The real dilemma appears here: retail investors see new highs, breakouts, and indicators reaching new peaks, and think the trend will continue. But in fact, large funds are already in the final delivery stage—they need to make the price look still strong so they can continue to take new positions.

So in the top area, you'll see:
- A sudden surge with increased volume after a correction
- Indicators clearly weakening, yet the price continues to push higher
- Consecutive new highs, but trading volume secretly shrinking

This isn't strength; it's being artificially propped up. It's not a trend continuation but the final act of the show.

A genuine rally makes holding comfortable and not painful. Fake rallies only tempt you to keep adding positions, only to realize later that you are the last one holding the bag.

In the market, the strongest moves often occur at the top. The behavior of $MERL and similar coins is worth comparing and reviewing. Opportunities do exist in the crypto space, but traps are more common. Only a few can truly profit from them.