Recently, the most heard phrase in the 0G community is "Can this wave turn me around?" As the price skyrocketed rapidly, many retail investors became excited and embarked on the irreversible path of bottom-fishing and holding through the dips. But the reality might be much harsher than you think—what you see as a "battle for a turnaround" could very well be a "battle for chives" designed by the market makers. Especially at this sensitive time close to fee settlement, a storm can come suddenly. Today, let's analyze why so many long retail investors have been wiped out in this round of market.

First, let's talk about bottom-fishing. Retail investors are most prone to pitfalls here, and this is especially true in the current 0G market. The logic seems sound: after a price surge, a correction appears— isn't this an opportunity to buy low? But have you considered that the initial surge in 0G was not driven by genuine demand? The market makers' trick is simple—by rapidly pushing up the price to create a false bullish momentum, they attract retail investors to buy in. Once retail investors rush in, the market makers start gradually distributing their chips. When fee settlement approaches, they dump the market. By then, those retail investors who bought the dip are already caught at sky-high prices and face a secondary blow from the settlement. The final outcome? They become the "last stick" in the hands of the market makers.

Next is the issue of holding through dips, which is another dead end for long retail investors. When the market fluctuates, many choose to hold stubbornly, thinking that as long as they don't cut losses, the market will turn around. This mindset sounds heroic, but essentially, it’s gambling psychology at play. True trading has never been about who has the strongest mentality.