The big pancake surged violently again in the early morning, creating a new historical high, treating the short sellers as if they were Japanese people. Now that it has reached this height, should I chase the long position or just leave it? I would rather stay in cash than take the risk of getting caught on the mountain.
Tonight, I took a look and saw that there was a net outflow of about 2 billion USD. It is obvious that capital is manipulating the market, pushing it up and waiting for the retail investors to take over and sell. The market has been pushed to a point where you are afraid to short; isn't this just forcing the long position?
In the early morning, Zhang Heng suggested shorting near 113,700 on the big pancake, with a stop loss at 114,200, a short-term target of 111,000, and the trend target remains at the 100,000 mark!