The Battle Between Retail Investors and the 'Dog Whale': A Psychological War of Imbalanced Power

1. Market Anti-Human Nature Rules
When market consensus is extremely bullish, it is often the time for the main players ("Dog Whales") to unload and smash the market; when there is widespread despair and bearish sentiment, it may be the moment for them to quietly accumulate and initiate an upward move. Market turns always occur opposite to the majority's expectations.
2. Absolute Dominance of Capital Strength
The funds of a single large institution are enough to cover the total of hundreds or thousands of retail investors. This power disparity leads to:
- When institutions dump the market once, it can trigger large-scale panic selling among retail investors ("a thousand run, eight hundred flee").
- Ten rounds of retail selling pressure may only cause minor fluctuations for institutions, unable to shake their core positions.
3. The Cruel Nature of the Game
Retail investors are at an absolute disadvantage in information, capital, and tools. Attempting to "beat the Dog Whales" by predicting short-term market fluctuations is fundamentally an asymmetrical confrontation with a very low win rate.