2026-01-11 10:26:47

Observing recent market phenomena, large exchanges are playing with high leverage Alpha, small exchanges are offering spot plus futures packages, and many people are chasing dreams of earning thousands or tens of thousands of times returns, resulting in a rush to open futures positions. The spot market is very quiet, while the futures side is manipulating the market by pumping and dumping.

If this continues, don't blame the increasingly poor liquidity now. The data is in front of us—the spot trading volume is around 50 million, while futures trading has reached tens of billions, indicating a serious imbalance of funds. A bunch of short-term speculative behaviors in futures are ruining the market ecology, with the genuine spot market being drained.

To break out of this vicious cycle, the unhealthy speculative trend in futures must be rectified early on, or the market simply won't recover. From a technical perspective, a short-term correction is inevitable, but based on fundamentals and market structure, the outlook remains bullish. The key is to bring liquidity back to the spot market and restore a healthy ecological cycle.

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NoodlesOrTokens

· 22h ago

I'm already tired of the bloodsucking in spot trading. The contract folks just know how to play with leverage and dream. I'm truly amazed.

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BearMarketLightning

· 01-12 19:48

I'm already tired of being drained in spot trading, and the futures side is still dreaming. --- Thousands or tens of thousands of times leverage, all wiped out by leverage. Can you stop messing around? --- Poor liquidity is deserved; it's because you all play with futures. --- Spot is freezing cold, futures are scorching hot, this ecosystem will collapse sooner or later. --- Just wait, it will be rectified sooner or later. Right now, it's a mess. --- I just want to ask, when will the spot market turn around? --- Been cut so badly, is there still anyone daring to open high leverage? --- If this continues, the spot market will really be finished. It's too outrageous.

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BackrowObserver

· 01-11 10:52

It's the same old story, I'm already tired of seeing spot trading being drained by futures contracts. This time it's really outrageous. Leveraged traders are疯狂拉盘 and smashing the market, retail investors are still foolishly dreaming of thousands of times leverage, it's hilarious. If there's no liquidity, how can it be saved? It still depends on the exchanges' self-regulation, but do you believe they actually care? Futures regulation? Wake up, buddy. This is their money-making machine; who would want to touch that cake? Spot trading can't pick up because the atmosphere is bad, all about quick money logic, nobody wants to play the long game. What's the point of watching multiple projects? The ecosystem is beyond saving, and spot trading is even more doomed.

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ShibaSunglasses

· 01-11 10:49

The people in the contract really ruined the market; no one is trading spot anymore. That's why it's getting harder to make money with coins; most of it is being siphoned off by the contract side. Wait, why don't they just ban contracts directly? Anyway, it's just a way to harvest the leek. Spot trading is the true way; in the long run, there will still be a return flow. Leverage trading will eventually collapse; the dream of thousands of times leverage, wake up already.

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BlockchainArchaeologist

· 01-11 10:47

These contract people have really drained the spot market; the point is right.

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ColdWalletAnxiety

· 01-11 10:40

It's the same old story again, spot trading being drained dry to the point of having no temper left. Contract warriors are making a fortune, while we spot traders can only watch helplessly. Honestly, this cycle needs to be broken, or we'll never get a turn.

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