什么是加密价格操纵？

当硬币卫星无处不在，然后坠毁时，它很少是纯粹的市场魔术。

Crypto price manipulation is a pressing issue in the industry. It occurs when insiders or coordinated groups inflate or crash a coin’s price, not through real demand, but through smoke and mirrors. They might fake volume, spread hype, trigger fear, or pull sudden sell-offs — all to trap unsuspecting traders and walk away with the profits.

加密价格操纵是行业中的一个紧迫问题。当内部人士或协调的群体膨胀或崩溃硬币的价格时，它是通过烟雾和镜子来膨胀或崩溃的。他们可能会伪造数量，传播炒作，引发恐惧或突然的抛售 - 所有这些都是为了抓住毫无戒心的商人，并带走了利润。

While in traditional finance, this kind of behavior gets you fined or jailed, in the world of crypto, it often flies under the radar. With light regulations and heavy emotions in play, the digital asset market has become a playground for manipulators, especially where liquidity is low and oversight is weaker.

在传统金融中，这种行为使您被罚款或监禁，在加密货币世界中，它经常在雷达下飞行。随着光线法规和强烈的情绪，数字资产市场已成为操纵者的游乐场，尤其是在流动性低并且监督较弱的情况下。

The most common crypto market manipulation tactics

最常见的加密市场操纵策略

Scammers don’t need magic — they just need market psychology and a few tricks.

骗子不需要魔术 - 他们只需要市场心理学和一些技巧。

As the digital asset landscape expands, criminals have honed various crypto price manipulation tactics. Each tactic capitalizes on the market’s volatility and traders’ fear of missing out (FOMO).

随着数字资产格局的扩大，犯罪分子磨练了各种加密价格操纵策略。每种战术都利用了市场的波动性，而商人则害怕错过（FOMO）。

Here are some of the most used:

这是一些最常用的：

Pumps and dumps: A group of scammers buys a small-cap altcoin and then uses hype to inflate its price. They might create fake news articles, get influencers to post about the coin, or bribe crypto YouTubers to make videos. The aim is to create FOMO among retail traders and pump the coin to astronomical highs. Once the price is high enough, the scammers dump their coins on the market, crashing the token and trapping any remaining buyers.

泵和垃圾场：一组骗子购买了一个小型替补币，然后使用炒作来夸大其价格。他们可能会创建虚假的新闻文章，让有影响力的人发布有关硬币的信息，或者贿赂加密YouTuber来制作视频。目的是在零售商人之间创建FOMO，并将硬币泵送到天文高位。一旦价格足够高，诈骗者就会将硬币倒在市场上，崩溃了令牌并捕获了剩余的任何买家。

Wash trading: An individual or a small group trades the same cryptocurrency back and forth between two accounts on the same exchange to create false market activity. This is done to deceive other traders into thinking there is more demand for the coin than in reality.

WASH交易：个人或小组在同一交易所的两个帐户之间来回交易相同的加密货币，以创建虚假的市场活动。这样做是为了欺骗其他交易者认为对硬币的需求比实际上要多。

Short squeezes: A short position is a bet that a coin’s price will decrease. When a coin gets massively shorted, it creates downward pressure on the market as the short sellers try to profit from the decline. However, if the coin's price unexpectedly rises, the short sellers are forced to buy back the coins at a loss to limit their losses. This action is called "covering the shorts" and it can lead to a rapid price increase, Squeezing short sellers further.

短挤压：一个较短的位置是押注硬币的价格会降低。当硬币大大短途短途时，随着卖空者试图从下降中获利时，它会给市场造成向下压力。但是，如果硬币的价格出乎意料地上涨，则卖空者将被迫以亏损而回购硬币，以限制其损失。该行动称为“覆盖短裤”，它可能导致价格快速上涨，进一步挤压卖方。

Crypto market manipulation: A broader view

加密市场操纵：更广泛的看法

One scam doesn’t just hurt victims — it damages the entire ecosystem.

一个骗局不仅伤害了受害者 - 它损害了整个生态系统。

Crypto price manipulation doesn’t happen in a vacuum. Every fake pump, every engineered crash, every orchestrated scam chips away at the foundation of the entire crypto ecosystem: trust.

加密价格操纵不会在真空中发生。每个伪造的泵，每一次工程的崩溃，每个精心策划的骗局都在整个加密生态系统的基础上：信任。

When retail traders — especially newcomers — get caught in a pump-and-dump or a whale-induced panic, the damage runs deeper than a single bad trade. Many walk away for good, disillusioned and angry, taking their money and optimism with them. The promise of open, decentralized finance starts to look like just another casino — rigged and unforgiving.

当零售交易员（尤其是新移民）被泵和雨口或鲸鱼引起的恐慌陷入困境时，损失比单个不良交易更深入。许多人永远走开，幻灭和愤怒，对他们带来钱和乐观。开放，分散财务的承诺开始看起来像是另一个赌场 - 操纵而无情的赌场。

And it doesn’t stop there. High-profile cryptocurrency frauds and price manipulation scandals light up the radar of regulators worldwide. Each incident becomes a case study in why crypto “needs to be tamed.” That means stricter rules, more compliance hoops and an overall slowdown in innovation. The free-spirited, experimental energy that drives crypto forward starts to feel boxed in.

而且它不止于此。引人注目的加密货币欺诈和价格操纵丑闻点燃了全球监管机构的雷达。每个事件都成为一个案例研究，为什么加密“需要驯服”。这意味着更严格的规则，更多的合规性和创新的总体放缓。驱动加密前进的自由奔放的实验能量开始感到坦率。

Meanwhile, legit projects — those building real utility, transparency and long-term value — struggle to rise above the noise. Scam tokens dominate the charts. Shady influencers flood timelines. The signal gets buried under waves of hype and deception.

同时，合法的项目 - 建立真正的效用，透明度和长期价值的项目 - 难以超越噪音。骗局令牌主导图表。阴暗影响者泛滥时间表。该信号被埋葬在炒作和欺骗之波下。

In the end, crypto price manipulation doesn’t just hurt individual investors. It poisons the well for everyone — developers, communities and the future of the space itself.

最后，加密价格操纵不仅伤害了个人投资者。它为每个人（开发人员，社区和空间本身的未来）毒害。