If it relied solely on retail investors, how could this rise have happened? BTC and ETH contract trading volume is 14 times that of spot trading! If these long orders were bought as spot trading, using leveraged lending, those manipulators wouldn't dare to easily crash the market. After all, these are contracts, and spot trading has no liquidity. Manipulators can easily liquidate these contract orders for a few cents! Buy spot when going long, and buy contracts when going short! This distorted industry is so annoying! I just turned off my computer and went to sleep.