2026-01-15 20:59:27

Recently, I have thoroughly analyzed the current tactics of a leading exchange.

As the industry enters a cold period, they are instead acting more frequently—grabbing hot topics, suppressing competitors, and striking everywhere. On the surface, it seems grand, but I think this is just a temporary fix that doesn't address the root problem.

To be honest, all major exchanges and outside business giants face the same ceiling—the suppression of the power structure. No matter how large your scale or how aggressive your fundraising, you either need to control the power system or dominate violent resources; otherwise, someone will always be able to hold your neck.

From another perspective, the development trajectory of the entire world might be like this: centralized power → conglomerates → eventually evolving into a mercenary model of financial groups. Exchanges, innovative projects, and all participants trying to break the existing pattern cannot escape this fate. Instead of reacting passively, it's better to see the game rules clearly early on.

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AlwaysMissingTops

· 32m ago

Basically, it's big fish eating small fish, nothing new The cold wind period actually bounces around happily, isn't this just gambling on the last bet? No one can avoid the power ceiling issue, I've seen through it long ago I'm already tired of the exchange's moves, it's just a matter of prolonging life This logic applies anywhere, why insist on portraying it as a cartel system? Rather than watching the game rules, it's better to get on board early; talking more won't help Wait, are you implying that we've all been cut? The dragon-slaying youth always ends up riding on the people's heads, this cycle can't be broken

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AirdropChaser

· 9h ago

The analogy of "boiling water stopping by raising the heat" is used perfectly; it's about treating the symptoms but not the root cause. The ceiling of the power structure... really leaves people speechless. No matter how formidable an exchange is, it still has to bow and scrape. Understanding the game rules is a prerequisite, but the key is that most people haven't even thought about these things. Raising more funds is useless; ultimately, it's still a power game. More frequent actions during the cold wind period? Isn't that just a desperate struggle? The conglomerate mercenary model... think about it—doesn't it sound a bit terrifying? If you can't escape, you have to think about how to live more comfortably inside. So what? This perspective is a bit deep. Suddenly, I feel I used to think too shallowly. Power ≥ everything, and everything else is虚的? Feels a bit like fatalism again.

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FlatlineTrader

· 9h ago

They're just acting. Still daring to be so reckless during the cold wind period, really thinking of themselves as saviors. They nailed it when talking about power being chokepoint. Big and small institutions are the same; in the end, they still have to rely on policies. I've seen through it long ago, just lying flat and watching the show. What’s the use of raising so much funding? Even with a large scale, they still get sanctioned. This is the game. The mercenary tactics of the financial conglomerates—sooner or later, we’ll get pulled into it. Pouring oil on the fire is simply hitting the nail on the head—treating the symptoms but not the root cause.

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TopBuyerBottomSeller

· 9h ago

Basically, all the flashy moves that exchanges make are just to prolong their own survival. The issue of power structures is indeed deadlocked; no matter how much funding they raise, it's all in vain. In the end, there are only two options: either be absorbed or exit; there's no third way.

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MEVHunterNoLoss

· 9h ago

The issue of being "necked" (being stuck) is absolutely right... No matter how big exchanges mess around, they can't change the essence. I've thought about this logical chain for a long time, and it's truly brilliant. There's nothing wrong with what you said, but the problem is... what should we small retail investors do? This power structure, both ancient and modern, is the same worldwide. It's an unavoidable fate in the crypto world. I've seen through it early on, so now I just lie flat and enjoy the gains, haha. But to be honest, what are the exchanges still messing around during the cold wind period for... Are they really just fooling themselves? This chess game... is there no possibility of dropping out? I always feel so suffocated.

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ReverseTrendSister

· 9h ago

This scheme is indeed brilliant. The deeper you go, the more you can't see the exit. The power structure is described so ruthlessly... but there's nothing we can do; who can escape this situation? Cold wind periods are actually the happiest times to bounce around, it's really ironic. People who saw through the rules early on are probably all lying flat now. The conglomerate mercenary mode... just sounds so hopeless. To put it simply, it's either power, money, or get out. Is this destiny? It's a bit suffocating.

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