2026-01-16 09:35:10

Perpetual contract markets are cooling down, and trading difficulty is increasing. Faced with this situation, contract traders are beginning to look for new opportunities on the chain, attempting to recreate the hot market atmosphere of the past.

New liquidity influx → increased trading limits → self-reinforcing effect triggered. This logical chain is very clear: when funds push up market depth, the profit expectations from price fluctuations attract more traders to enter, ultimately forming a mutually reinforcing market cycle. Currently, many on-chain traders are becoming active again under this momentum.

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MetadataExplorer

· 4h ago

When perpetual contracts cool down, they start looking for opportunities. I've heard this self-reinforcing logic many times, but how many can really buy the dip? --- Liquidity enters → Volatility soars, sounds great, but in reality, it's just betting on when the next sucker will appear. --- Another round of this self-reinforcing effect? Been seen through long ago, it's nothing but capital speculation. --- Finding opportunities on-chain is not as good as going off-chain to sleep, really. --- Among the traders who have become active again in this wave, eight out of ten are ultimately just taking over positions. --- Everyone knows how to make money before self-reinforcing effects kick in, but once they start, it becomes negative feedback. The time lag is right there.

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BasementAlchemist

· 5h ago

Perpetual contracts are cooling off? It indicates that the market is not yet in place, but once this self-reinforcing cycle starts... the bear market group will again be unable to sit still. When funds come in, there is always a chance; the key is who can buy the dip without getting caught. Liquidity is truly a double-edged sword; when depth is sufficient, it becomes easier to get liquidated. This wave of increased on-chain activity feels like a market maker creating a buzz? Or is there really new capital entering the market? The rising difficulty actually helps to filter out those who will truly trade; trash contracts should be cleared out.

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ProposalManiac

· 5h ago

The concept of the reflexivity effect sounds quite smooth, but the question is—who can guarantee that history won't repeat itself this time? In 2017, it was also discussed this way, but what was the result? Liquidity came in, but how was the incentive mechanism designed? Has anyone carefully analyzed it?

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MevTears

· 5h ago

Ha, it's that same self-reinforcing effect again, I'm almost tired of hearing it. Liquidity comes in and it can take off? Come on, who dares to go all in right now? When contract traders go crazy, it's really hard to see clearly. I think I'll stay on the sidelines. Wait, is there really a new opportunity this time, or is it just the same old trick to scam the newbies? It seems like the market is just playing itself, the ones really making money have already run away.

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