Recently, the crypto market has once again staged a classic battle of capital confrontation. Data shows that a major exchange's large account made a profit of $81 million in a market cycle, while the opposing trader lost over $400 million. Behind this stark contrast reflects the significant differences among market participants in information acquisition, risk management, and trading strategies.

From the Federal Reserve FOMC meetings to the ongoing tokenization boom, crypto market volatility has intensified, and the profit gap between institutions and retail investors has widened accordingly. Some investors keep falling into traps, mainly due to a lack of understanding of market rhythm. Observing the whale's trading logic and learning to position at major cycle turning points may help more people avoid detours in this round of market行情.