Today's two thoughts: What is the operating pattern of BTC? My own opinion is based on the grand narrative of continuous bottom-up fundraising, top-down sales, and the continued process of bottom-up fundraising, repeatedly harvesting the wealth of financial market players during the ups and downs Have you ever thought about why Zhuang has a continuous stream of funds to pull the market, because they can not only make money by going long at the bottom of the contract, but also continue to make money by opening short at the top Because they determine the trend and direction, almost every move must make money Why do I suddenly think like this? It's because in the past six months, I have noticed that the main players hit the peak after selling, then slowly fell for a few months, and then started the next round of market trend after the bottom attracted funds. Then they continued to experience a major pullback after selling Every time the market maker makes a pull, they can continue to earn several times the profit, even if the BTC market value is increasing, there is still the motivation and funds to continue rising In addition, BTC's narrative and currency applications are unprecedented, which can continuously attract funds One scenario is that without the emergence of financial derivatives such as contracts, the market value of BTC may not be able to rise. Contracts can amplify the profits of the main players by several times, and also allow individual investors in the market to amplify their loss funds by several times The essence of the market is a game between the main players and individual investors, where money flows from those who lack money to those who do not What is a contract? The essence of a contract is volatility. If you bet in the right direction and control the position that can withstand volatility, you can continuously make money. The premise is that the direction must be right, which is difficult for 90% of people