There is an interesting phenomenon in the market—bad news always becomes an excuse to dump, while good news becomes a reason to pump. But think about it carefully, the logic behind this is quite sobering.

The truly deadly bad news—hacker incidents, collapse of funds, strict regulations—when these things happen, the big players have already bailed. How could they wait around to ride the wave with retail investors? Those who stay to take the hit are always the slow-reacting retail investors, footing the bill for them.

Conversely, the so-called good news. You might think that major announcements—such as a top exchange launching or a compliant platform supporting—look impressive, but these are often orchestrated by the big players to set the pace for distribution. Collaborations that have been agreed upon long ago are released just when they want to dump, creating a perfect stage setting. Retail investors see the good news and rush in excitedly, unaware that they are stepping into a pre-set trap.

So the key is to learn how to see through the true intentions behind the market surface. Whether it's bad news or good news, at its core, it's just a tool for capital game-playing. Changes in Bitcoin liquidity, fluctuations in US economic data—these all become chess pieces in the hands of the manipulators.